Business
Funding Circle facilitates Ninth UK public Se...
Funding Circle facilitates Ninth UK public Se....
About this update from Funding Circle Holdings Plc
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\nFunding Circle Holdings plc\n\n\n\n\n\n\nFunding Circle facilitates Ninth UK public Securitisation cementing position as leading SME ABS issuer 20-May-2025 / 12:07 GMT/BST\n\n\n\nThe issuer is solely responsible for the content of this announcement.\n\n \nFunding Circle facilitates Ninth UK public Securitisation cementing position as leading SME ABS issuer\n\nLondon, 20 May 2025 – Funding Circle, the UK’s leading SME finance platform, has facilitated its latest public securitization, SBOLT 2025-1, with loans contributed by its long-term funding partner, Waterfall Asset Management (WAM).\n\nSBOLT 2025-1, the ninth securitisation of loans originated through the Funding Circle platform, brings the total securitised issuance on behalf of investors to c.£2.17 billion. The continued strong investor appetite for both Funding Circle's SME loans and the associated bonds highlights the asset's appeal and solidifies the platform's standing as the largest public issuer of SME Asset-Backed Securities (ABS) in the UK and Europe over the past decade.\n\nThe securitisation was well-received by the market, demonstrating robust investor confidence in the quality of the underlying SME loan assets, even amidst a period of notable macroeconomic volatility. BNP Paribas acted as the Sole Arranger and with Citi as Joint-Lead Manager. \n\nThis transaction highlights Funding Circle’s continued role in enabling investors like WAM to efficiently manage and diversify their portfolios by accessing a broader range of market participants through the ABS market, while advocating the central banks’ wishes to increase lending to the real economy via the capital markets.\n\nDipesh Mehta, Chief Capital Officer at Funding Circle, said: \"We are delighted to have supported Waterfall Asset Management on their latest successful securitisation. This transaction is a testament to the track record Funding Circle have built, and the strength and attractiveness of UK SME credit as an asset class, highlighting our advanced capabilities in assisting our investor partners to access deep and liquid capital markets. \n\n“Despite challenging market conditions, the positive reception for this issuance demonstrates continued investor appetite for these assets. We remain committed to empowering our institutional partners to effective...