Tara Castillo | C-Suite Considerations for Onboarding a Securitization Strategy

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 client Regional Management Corp., a diversified consumer finance company, has closed its eleventh securitization, a private offering of $250 million of asset-backed notes. The securitization has a two-year revolving period, and the Class A notes received a top rating of “AAA” by Standard & Poor’s and Morningstar DBRS.

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 Southern Auto Finance Company, an industry-leading auto finance company, recently closed its second asset-backed securities issuance.

Alston & Bird client Regional Management Corp., a diversified consumer finance company, has closed its ninth securitization, a private offering of $200 million of asset-backed notes.