Allens has advised Bluestone Mortgages and Cerberus Capital Management L.P. on a funding partnership to provide up to $2 billion of whole-loan funding to Athena Home Loans over the next three years. Deloitte Financial Advisory acted as lead financial adviser to Athena on the transaction.
The partnership represents one of Australia’s largest fintech whole-loan funding agreements.
Bluestone, a leading non-bank lender specialising in residential home loans, is backed by an affiliate of global alternative investment leader Cerberus. Athena is one of Australia’s fastest growing fintechs and uses an innovative platform to link consumers with wholesale home loan funding from leading financial institutions.
The Allens’ team comprised of Partners Benjamin Downie (Picture) and Noah Obradovic.
Law Firms: Allens;