Herbert Smith Freehills Kramer represented a large alternative investment firm in connection with the Class B tranche (which benefits from a bespoke credit guarantee) of an approximately $1.1 billion loan made to another alternative investment firm to finance the purchase of approximately $1.2 billion of consumer loans originated by a global financial institution. The transaction closed on June 12, 2026.
The HSF Kramer team consisted of partners David S. Berg and Bodie Stewart from the Finance group.