International banks rely on Ashurst LLP for advice on OTC transactions and derivatives programmes, while also frequently setting up asset-backed products for their clients, covering everything from transport to energy assets. Jointly spearheading the firm’s efforts are Tobias Krug, a derivatives specialist who also assists debt funds and CLO managers with secured financing matters, and Martin Kaiser, who handles the sale of ABS portfolios linked to loans and trade receivables, in addition to advising on German and European securities regulations.
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Key clients

  • Société Générale S.A.
  • Bank of America Corporation
  • Patrimonium
  • Jefferies
  • Nomura
  • FINN GmbH

Work highlights

Advised FINN GmbH on its second ABS financing programme, with a volume of up to €1bn.
Advised Société Générale S.A. as arranger on a further securitisation of German auto loan receivables from Bank Deutsches Kraftfahrzeuggewerbe GmbH.
Advising Bank of America Corporation on the launch of a programme for the issuance of certificates, warrants and bonds for the German market.
Practice head

Tobias Krug; Martin Kaiser

Other key lawyers

Alexandra Westerhaus