Haydock Announces Second £350m Asset Backed Securitisation
Haydock Finance, one of the UK’s leading asset finance providers, has announced the closing of its second public asset backed securitisation facility. Following on from the success of its inaugural deal last year and in response to continued strong origination volumes, this public facility will provide £350m of extra capacity and support their strategic focus on organic growth. The deal, Haydock’s second and only the third public securitisation of asset finance receivables in the UK since 2019, attracted strong support from a wide variety of investors.
CEO John Jenkins comments: “The closing of our second public securitisation facility is a testament to Haydock’s continued strong performance in the asset finance market. Last year’s deal attracted strong investor interest and has seen excellent performance. For Hermitage 24, we have brought a much larger group of investors into the transaction. We intend to continue a regular issuance programme to support the ongoing growth of the business and ensure we can continue to deliver for our brokers and borrowers.”
![John Jenkins](https://haydockfinance.co.uk/app/default/assets/images/336c27c280560882dfc8245df4b411da.jpg?v=1721728002)