Arranged the provision of debt from a managed special purpose vehicle to a specialist finance company to finance the acquisition of a portfolio of loans, as well as revolving funding. This innovative specialist debt funding acquired secured, short term loans. New Model structured the funding to fit with the profile of the on-going revolving debt facilities required and the returns-driven funder.
Arranged the provision of structured, subordinated debt from a managed special purpose vehicle to a unique affordable housing company. New Model structured the funding to satisfy the running yield requirements of the lender and the relatively complex cash flow profile of the borrower. The provision of subordinated debt enabled a superior return for the lender, as well as a secured subordinated debt position directly in the assets of the company through a bankruptcy remote special purpose funding vehicle.
Provided advice to a UK PLC on the successful acquisition of a competitor company. The acquisition was complex due to the competitive nature of the bidding process as well as the aggressive timetable involved. As well as the general M&A advice, New Model also assisted the client in arranging for a syndicate of banks to part fund the acquisition.
Secured £2.5m placement for medical device manufacturer.