Julian Craughan
Partner Corporate & Finance
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Overview
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Experience
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Credentials
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Insights and events
Chambers UK, 2022, Securitisation"He is collaborative and a pleasure to deal with."
Julian Craughan is the Head of Capital Markets - International and part of the Structured Finance group based in London. He has extensive experience in securitisations and structured finance transactions, including portfolio sales and forward flow transactions. He advises lenders, arrangers and originators on asset backed financings and securitisations of various asset classes including retail automotive receivables (including personal contract plan (PCP) and standard hire purchase), buy-now-pay-later (BNPL), SME loans, lease receivables, dealer floorplan receivables, consumer receivables, trade receivables, commercial mortgages, residential mortgages and infrastructure assets.
Julian is recognised in Chambers UK and Legal 500 UK as a leading individual for securitisation.
Chambers UK, 2022, Securitisation"He is collaborative and a pleasure to deal with."
Representative experience
Advising UK mortgage lender Enra Specialist Finance on its first RMBS, Elstree Funding No.1. This £268m transaction is backed by a second-lien mortgages and first-lien buy-to-let mortgages
Advising Merrill Lynch International, as arranger and the JLMs on securitisations of residential mortgages originated through Finance Ireland RMBS No1, 2, 3, 4 and 5
Advising Citi, as arranger, and the JLMs on all securitisations to-date of UK automotive receivables originated by Oodle Finance, through Dowson 2019-1, Dowson 2020-1 and Dowson 2021-1 and 2021-2
Acting for Citi, as arranger, on a Greek auto lease securitisation originated by a Greek franchisee of Avis.
Advising the investor, as junior lender, on a £250m facility backed by SME loans guaranteed by the U.K. government under the Coronavirus Business Interruption Loan Scheme (CBILS)
Advising the lender on £200m private securitization of UK automotive hire purchase receivables as part of the acquisition of an origination and servicing platform
Advising a captive finance company on the establishment of a group securitisation programme for UK operating lease and PCP/HP receivables
Advising the arranger and cross currency rate swap provider on a US$1bn private securitization of French operating lease receivables.
Advising Ford Credit Europe on its retail and wholesale automotive securitizations in the UK and Ireland since 2004.
The Department for Education on securitisations of £3.7bn and £3.8bn portfolios of income contingent repayment student loans
Advising Volkswagen Financial Services on Driver UK Master, its £10bn securitisation programme of UK automotive receivables through Driver UK Master S.A.
Advising UBS AG, as the lead manager and co-arranger, and StormHarbour Securities LLP, as co-arranger, on a CHF310m securitization of Swiss automotive lease receivables.
Advised Santander Consumer Finance Oy on SCF Rahoituspalvelut I DAC, a €439m Finnish automotive receivables securitization.
Advising Ford Credit on dealer floorplan lending documents for new and used vehicles in the UK. The advice included Tax, Regulatory and Competition law advice
Advising a finance company on the private securitisation of its portfolio of dealer floorplan loans in the UK
Advising BNP Paribas, Lloyds Bank plc and BAML as joint arrangers and joint lead managers, on a UK consumer automotive securitisation by Turbo Finance 7 plc
Advising Citi, as arranger, and the JLMs on Azure Finance No. 1 plc, a £400m public securitisation of UK automotive receivables
Advising Citi, as arranger, and the JLMs on Azure Finance No. 2 plc involving the placement of the full capital stack to investors
Advising Waterfall Asset Management on a public take-out securitisation through SBOLT 2023-1 of a private warehouse of SME loans originated by Glencar Investments 40 DAC
Credentials
- LL.B., University College London