Travers Smith has advised Allegro Finance Limited, a specialist lender for the media sector, on the establishment of a first-of-its-kind securitised warehouse facility and the related senior and junior secured financing arrangements. The facility was established through a strategic joint venture and senior funding arrangement with entities advised by Elliott Advisors.
This transaction demonstrates Travers Smith’s broad expertise in structured financing and securitisation for complex, market-leading platforms - supporting clients at the forefront of innovation in the global media finance sector.
Head of Finance Charles Bischoff commented: "We are delighted to have worked with Allegro Finance on this innovative lender platform to serve the media sector. We are increasingly seeing securitisation utilised for more esoteric asset classes, enabling innovative new offerings to come to market. This transaction is another successful example of our team assisting our clients in utilising structured finance techniques to unlock institutional capital, benefiting dynamic sectors like media and entertainment."
The Travers Smith team was led by Head of Finance Charles Bischoff, with support from Specialty & Structured Finance Partner Adam Burk, Senior Counsel Ian Luby, Associate Sherrine Attzs and Trainee Solicitors Ella Zimmerman and Will Lowe.
