Asset-Backed Alert | The Grapevine

Alston & Bird’s Finance Group continues to bolster its nationally recognized private credit practice with the addition of partner Adam Heasley in New York. Adam advises private credit lenders, borrowers, and sponsors in financing transactions with a focus on acquisition and recapitalization credit facilities and asset-based lending. He also guides his clients in structuring bespoke intercreditor arrangements and through complex workouts and restructurings.

Alston & Bird has boosted its Finance Group and Structured & Warehouse Finance Team by adding partner Boong-Kyu (B.K.) Lee in New York. B.K. focuses his practice on advising issuers, underwriters, and financial institutions on a wide range of structured finance transactions, including public and private securitizations across key asset classes.

Alston & Bird client Regional Management Corp., a diversified consumer finance company, has closed its eighth securitization, a private offering of $250 million of asset-backed notes, which is its largest securitization to date. The asset-backed notes are collateralized by a pool of soft secured, hard secured, and unsecured consumer loans, some of which constitute personal loans originated through Regional Management’s convenience check direct mail campaigns.

Alston & Bird has earned wide recognition in the 2021 edition of Chambers USA: America’s Leading Lawyers for Business.

One hundred and eighty-one Alston & Bird attorneys have been selected by their peers for inclusion in the 2019 edition of The Best Lawyers in America©. The lawyers span the firm’s nine U.S. offices and represent more than 60 practice areas.