Contacts Credentials Nature of project Project Galway Advised on the acquisition of a £220m loan including the negotiation of a staple financing package. Project Peregrine Advised on sale of a £650m UK performing mortgage portfolio comprising residential, buy to let, and self-certified loans. Project Royal Advised a large private equity house with their analysis and underwriting process for a UK real estate loan book covering c.35 connections and over 250 properties. Project Byron Advised a lender in analysing the information provided by the acquirer in relation to a UK real estate loan book. The portfolio covered c.30 connections and over 200 properties. Project Palm Advised on the secondary sale of a £680m portfolio of UK non-performing consumer loans. Project Stapleton Advised a major European bank with significant exposure to the UK commercial real estate market on de-leveraging options and a re-categorisation of their portfolio into core and non-core assets. Project Forth Advised on the sale of a social housing loan book of c.£500m of drawn loans, out of a bridge book structure. Project Button Advised a club of banks on the sale of their real estate loan to a private equity fund. EY | Assurance | Tax | Transactions | Advisory About EY Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 167,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com. Ernst & Young LLP The UK firm Ernst & Young LLP is a limited liability partnership registered in England and Wales with registered number OC300001 and is a member firm of Ernst & Young Global Limited. Ernst & Young LLP, 1 More London Place, London, SE1 2AF. © 2015 Ernst & Young LLP. Published in the UK. All Rights Reserved. ED None. 16925.indd (UK) 08/15. Creative Services Group Design. In line with Ernst & Young’s commitment to minimise its impact on the environment, this document has been printed on paper with a high recycled content. Information in this publication is intended to provide only a general outline of the subjects covered. It should neither be regarded as comprehensive nor sufficient for making decisions, nor should it be used in place of professional advice. Ernst & Young LLP accepts no responsibility for any loss arising from any action taken or not taken by anyone using this material. ey.com/uk As a consequence of the financial crisis, ‘deleveraging’ is at the centre of many financial institutions’ agendas. Transactions emerging from this deleveraging process are often complex and significant in value and require both breadth and depth of financial expertise to deliver value for both vendors and purchasers. The Ernst & Young Loan Portfolio Solutions provides solutions, not services, to clients in these transactions. Our team comprises individuals with expertise across multiple asset classes grouped into three categories: real estate, retail and corporate; as well as in-depth understanding of complex financial instruments and deal structures. We have advised a broad spectrum of clients: banking institutions seeking advice on sales programmes and support in executing sales, financial investors acquiring single loans or portfolios and central banks seeking to address some of their strategic challenges. Consequently, we have accumulated a breadth of experience that we can leverage to develop bespoke Loan Portfolio Solutions, regardless of the size and complexity of the situation. Loan Portfolio Solutions Mathieu Roland-Billecart Partner T: + 44 20 7951 5206 M: + 44 7799 342 682 E: [email protected] United Kingdom Real estate team Ian Cosgrove Partner T: + 44 20 7951 1094 M: + 44 7715 704 748 E: [email protected]. Tom Groom Director T: + 44 20 7951 4813 M: + 44 7500 066 849 E: [email protected] Retail team Andrew Wollaston Partner T: + 44 20 7951 9944 M: + 44 7770 667 332 E: [email protected]. Bridget Walsh Partner T: + 44 20 7951 4176 M: + 44 7748 106165 E: [email protected] Corporate team Germany Daniel Mair Partner T: + 49 6196 996 24703 M: + 49 160 9392 4703 E: [email protected] Nora Charlotte van Obstfelder Senior Manager T: + 49 6196 996 27678 M: + 49 160 939 27678 E: [email protected] Spain David Frias Partner T: + 34 0915 725 086 M: + 34 0660 815 863 E: [email protected] Italy Erberto Viazzo Partner T: + 39 0280 669 752 M: + 39 348 191 1479 E: [email protected] France Benoit Maillard Senior Manager T: +33 1 5561 0154 M: +33 6 4679 4085 E: [email protected] Loan Portfolio Solutions