Nick Stainthorpe

Nick is a finance partner who advises clients on a wide range of asset-backed financings and derivatives.

Experience

Representative matters

Advised a near prime consumer lender on their forward flow arrangement with a credit fund.

Advised a buy-now-pay-later originator on two forward flow arrangements with credit funds.

Advised the senior bank on a tranched securitisation of UK consumer loans which achieved off-balance sheet treatment for the originator through the inclusion of a control party.

Securitisation and warehousing - Consumer

Advised a near prime consumer lender on their forward flow arrangement with a credit fund.

Advised a buy-now-pay-later originator on two forward flow arrangements with credit funds.

Advised the senior bank on a tranched securitisation of UK consumer loans which achieved off-balance sheet treatment for the originator through the inclusion of a control party.

Advised a conduit sponsor on its securitisation of UK mobile phone handset receivables.

Advised the banks on a point of sale consumer loan transaction for a major UK consumer loan originator which is structured as a trust.

Advised a major UK consumer loan originator and a US credit fund JV partner on a syndicated securitisation of UK consumer loans.

Advised a fast growing UK consumer lender on their securitisation warehouse of UK consumer loans.

Advised a credit fund on an asset backed facility for a UK credit card originator.

Advised investors in junior debt in a complex securitisation of UK sub-prime consumer loans.

Advised a credit fund on its investment in junior notes in a securitisation of sub-prime auto loans.

Securitisation and warehousing – Trade Receivables, Factoring and Working Capital Finance

Advised a UK asset manager as arranger on a securitisation of trade receivables sold by 40+ SMEs in the UK, Netherlands, Belgium and Germany.

Advised the lead manager on a US private placement of bonds backed by the trade receivables and inventory of a diamond trader.

Advised a trade credit insurer (as drafting counsel) on a trade receivables securitisation of a diamond trader with sellers in Belgium, Dubai and Hong Kong.

Advised the banks on a multi-seller trade receivables securitisation programme for a chemicals company with sellers in the US, Canada, Mexico, Switzerland and Germany.

Advised a conduit sponsor on a multi-seller trade receivables securitisation programme for a chemicals company with sellers in the Netherlands, the US, Switzerland and Germany.

Acted for a commodity merchant on their EUR800,000,000 multi-bank, multi-seller trade receivables securitisation programme.

Virtual Assets and Block Chain

Advised a tech platform on a successful tokenization of US T Bills.

Advised an arranger on setting up an investment structure which held up to USD1.5bn of assets for a DAO.

Advised a blockchain foundation on crypto derivatives transactions.

Advised a UK investment bank as arranger on a securitisation programme of development loans by an asset manager.

Advised the mezzanine lenders in a warehousing of UK commercial real estate loans.

Advised a global investment bank on a private securitisation of aviation loans and other loans to sovereign related entities with a bank originator located in the GCC.

Securitisation and warehousing – Real Estate and Asset Finance

A number of forward flow arrangements for an originator selling residential mortgage loans.

Forward flow arrangement for an originator selling construction loans to a UK bank.

Advised a UK investment bank as arranger on a securitisation programme of development loans by an asset manager.

Advised the mezzanine lenders in a warehousing of UK commercial real estate loans.

Advised a global investment bank on a private securitisation of aviation loans and other loans to sovereign related entities with a bank originator located in the GCC.

Receivables finance and supply chain finance

Advised a UK asset manager as arranger on three MTN programmes backed by trade payables and trade credit insurance of an emerging markets focused medical company.

Advised a pioneering trade receivables financing platform on their financings of trade receivables sold by SMEs located in Chile, Ireland and South Africa and a supply chain finance programme for a supermarket chain in Greece.

Advised a credit fund focused on trade finance on a complex securitisation of trade payables by a supply chain finance platform with multiple debtors and a wrap from a captive insurer.

Advised a hedge fund focused on trade finance on a complex securitisation of trade payables by a supply chain finance platform with multiple debtors and a wrap from a captive insurer.

Advised a peer to peer platform on its terms and conditions for the sale of receivables.

Advised an e-procurement company on its terms and conditions for the financing of purchase orders and receivables owed by government debtors.

Advised a bank on its investment through a well-known UK receivables finance platform.

Collateralised financing and risk transfer trades

Advising an investment bank on a repo of sovereign loans with a bank located in south eastern Europe.

Advising a UK investment bank on a structured repo of private commercial mortgage backed securities with a Luxembourg fund counterparty.

Advising an investment bank on a structured GMSLA used for a collateral swap transaction.

Advising a European investment bank on two total return swaps over loans to Middle Eastern borrowers.

Preferred equity and junior debt financing of real estate businesses

Advising a real estate fund on an investment in Luxembourg PECs issued by group which owns student housing

Advising a real estate fund on an investment in subordinated debt issued by one of the largest elderly care groups in the UK

Advising a real estate asset manager on their issuance of listed loan notes to fund coinvestment obligations

Loan portfolio sales

Advising a leading distressed debt investor on an acquisition of shipping loans from a Japanese bank

Advising a special situations fund on an investment in non-performing loans originated by an insolvent Lithuanian bank.

Advising a bank investor on its purchase of UK consumer loans for a sub-prime lender specialising in guaranteed loans

Advising a UK credit card company on their disposals of distressed loans.

FX, rates, equity, credit and commodity derivatives

Advising leading private equity and infrastructure sponsors on dozens of deal contingent FX forwards.

Advising a private equity sponsor on long term FX hedging at fund level.

Advising a leading private equity sponsor on numerous finance linked hedging transactions.

Advising a UK investment bank on numerous finance linked hedging transactions opposite a variety of fund counterparties.

Advising a global bank on three hedging facilities to credit funds secured on capital commitments.

Advising a European investment bank on a total return swap and put option confirmation in relation to German equities.

Advising a European investment bank on a call spread and related loan in relation to equities listed in Hong Kong.

Advising a hedge fund on a bespoke CDS with a margin loan as the reference obligation.

Advising an Austrian bank on a dispute relating to CDS.

Advising a private equity sponsor focusing on the energy sector on oil hedging in relation to reserve base lending facilities.

Structured securities, insured credit and repackagings

Advised banks and others on more than a dozen insured repackagings of sovereign obligations.

Advised arrangers on numerous financings of EUAs and ROCs.

Advised a broker on the establishment of its loan note participation programme using a Luxembourg compartment SPV.

Advised a UK asset manager on the establishment of its profit participating note programme using a Luxembourg compartment SPV.

Advised a global investment bank on various credit linked note issues using their debt issuance programme and related repo transactions.

Repo and stock lending

Advising a family office on an equity repo on the LSE listed shares of a mining group incorporated in the CIS.

Advising a European investment bank on a repo of various equities listed on the Moscow Stock Exchange.

Advising the treasury team of a UAE based bank on their GMRAs.

Margin loans, collars and other financings of listed equities

Advising a major investment bank in relation to sub-participation (and eventual elevation) of a syndicated margin loan secured over shares listed on the London Stock Exchange.

Advising a major investment bank on a demand guarantee facility secured on shares listed on a local exchange in a GCC country.

Advising a major investment bank in relation to a margin loan secured over a portfolio of shares listed on multiple exchanges.

Advising a European investment bank in relation to a EUR500,000,000 margin loan secured over shares in a company listed on Euronext Brussels.

Advising a European investment bank on a bespoke credit support annex structured like a margin loan over Israeli shares.

Advising a European investment bank on a margin loan of equities listed on the London Stock Exchange in a transaction where the borrower was connected with the issuer and various disclosure and concert party issues were relevant.

Advising 5 leading investment banks on a collar financing of shares in Aercap.

Advising a US investment bank on a margin loan over a managed portfolio of listed shares.

Fund finance

Advising a global bank on numerous capital call facilities with funds located in Luxembourg, the Channel Islands, the Cayman Islands and England

Advising a number of funds on their capital call facilities.

Advising a UK venture capital trust on its asset backed credit facility.

Advising a private bank on a loan to a principal secured over hedge fund shares.

Advising a lender on a NAV facility to a credit fund.

Advising a US bank on a GP support facility to a hedge fund manager.

Advising a private bank on a loan to a principal secured on carry and real estate.

Emerging markets

Advising a global investment bank on two credit facilities to a sovereign with credit support provided by the African Development Fund.

Advising an investment bank on a pre-IPO financing for an African issuer settled via a delivery of listed shares and backed by a hedge with a pension fund.

Advising an investment bank on a convertible loan to an African bank backed by a hedge with a pension fund.

Advising on various structured financing operations for financial institutions involving the sovereign bonds of a Mediterranean country.

Islamic finance

Advising an asset manager on the establishment of five Sharia compliant profit participating certificate programmes which invest in a variety of assets.

Advising one of the largest investment managers in Saudi Arabia on a number of investments and Sharia compliant investment structures.

Advising a Dubai based alternative finance provider on the establishment of a Sharia compliant trust certificate programme which invests in Sharia compliant trade finance assets.

Advising a Dubai based alternative finance provider on a payables Murabaha for a healthcare company.

Recognitions

Ranked in Chambers FinTech for London FinTech Legal: Corporate, Securities & Financing, 2024-2025
Ranked in Chambers UK 2026 for Capital Markets: Securitisation
Listed as a Leading Partner in The Legal 500 UK for Finance: Derivatives and Structured Products, 2023-2027