Ashurst advised StockCo on the A$150 million securitisation of agribusiness loans backed by livestock comprising cattle and sheep in an innovative financing structure.
StockCo is a agrifinance business in Australia and New Zealand. It offers sheep and beef finance solutions, such as finishing finance, breeding stock finance, store and trading stock, lamb advance payment, and structured finance
The transaction was led by partner Jennifer Schlosser (Picture), with assistance from senior associate Jason Wong and associate Megan Fung. Assistance was provided on the transaction by partners Ian Kellock and Barbara Phair, consultant Ian Javes senior associate Bronwyn Kirkwood and associate James Sainty, on tax matters and by partner Anton Harris, senior associate Matt Sparks and associate Ben Lyttle on corporate matters.
Involved fees earner: Megan Fung – Ashurst; Anton Harris – Ashurst; Ian Javes – Ashurst; Ian Kellock – Ashurst; Bronwyn Kirkwood – Ashurst; Ben Lyttle – Ashurst; Barbara Phair – Ashurst; James Sainty – Ashurst; Jennifer Schlosser – Ashurst; Matt Sparks – Ashurst; Jason Wong – Ashurst;
Law Firms: Ashurst;