A team dedicated to structuring large ticket asset finance transactions in specialist sectors.
The Specialist Asset Finance (SAF) team support our large corporate customers with the structuring of large ticket transactions to finance assets including: rail, helicopters, corporate jets, commercial aviation, sustainable energy generation, data centres, smart meters and equipment (including industrial, infrastructure, transport and many others).
We offer a variety of products including: debt, lease purchase, finance lease and operating lease (with residual value risk), receivables and structured hybrids. Pre-inception facilities for complex projects are also available.
Typically tenor will align to the economic life of the asset. Deal structures vary across the portfolio and often incorporate bespoke documentation and security as well as cross-border/multi-jurisdictional elements.
Why NatWest?
The SAF team provides value-add solutions for customers across a wide range of sectors and asset classes.
The teams within SAF have in-depth knowledge of their respective areas. We tailor transactions to meet customers’ unique requirements and understand that one size most certainly does not fit all when it comes to big ticket asset finance transactions.
Working closely with the Asset Management function, we use their knowledge and understanding of the various asset classes to offer you very competitive pricing that benefits from enhanced capital management.
Our areas of expertise
- Asset backed loans
- Progress Payment Facilities
- Operating Lease, Finance Lease and Hire Purchase facilities
- Sale & Purchase of Receivables
- Limited & non-recourse debt funding into SPVs
Adaptogen Capital / Varco Energy
GBP 50,111,504 Term Loan GBP 8,000,000 VAT Facility
Senior Lender,Structuring Bank, Sole Lender, Arranger, Security Trustee, Account Bank and Hedge Counterparty, September 2021, UK
Zenobe Energy Limited
GBP 234,237,036, NWB Hold GBP 70,272,822, Term Loan, RCF and DSRF
Sole Financial Advisor, Lender, Agent, Security Trustee and Account Bank and Hedge Counterparty, February 2023, UK
Harmony Energy Income Trust plc (HEIT)
GBP 110,000,000 Capex Facility and GBP 20,000,000 RCF
Structuring Bank, Joint Mandated Lead Arranger, Hedge Counterparty, Agent and Security Trustee, February 2023, UK
Bristow Group Inc
GBP 137,688,418 Bilateral Term Loan
Structuring Bank, Bilateral Lender,
January 2023, UK
NexRail AssetCo S.a.r.l.
EUR 322,200,000 Sustainability-Linked Term Loan and RCF
Lender, June 2023, Luxembourg
Mayor of London Energy Efficiency Fund and Amber Infrastructure Group
GBP 4,683,944
Bilateral Term, Lender November 2022, UK