Debt Capital Markets and Securitisation
We were involved in the first structures used to securitise assets in Scotland in the 1990s, and this area is still one of our biggest strengths.
We work closely with clients on all types of securitisation and structured finance transactions, to ensure that the sale and the security structures work from a Scottish perspective.
Those clients include originators, sponsors and investment banks, among others. They benefit not just from our insight and expertise, but also from our long-established working relationships with the major London-based and international law firms that work in this area.
We are often asked to advise on new structures and asset types, or other market innovations. For example, we helped several technology-driven lenders and challenger banks when they first set up securitisation and private warehouse structures.
Our expertise spans all structures and Scottish asset classes, and includes:
- Public and private issuances
- Private warehouse and forward flow transactions
- Covered bond, master trust and national government bank liquidity programmes
- Residential mortgage-backed securitisation
- Commercial mortgage-backed securitisation
- A wide range of other receivables (including consumer loans, auto or equipment loans, credit cards, point of sale and mobile phone receivables)
Read our resources:
Your little black book – Securitisation
Our securitisation team act as Scots counsel on securitisation, covered bond and other warehousing and capital markets transactions and programmes for a range of originators, arrangers and issuers.
Securitisation in Scotland – Q&A
This Q&A looks at some of the most common questions we encounter when a participant in the securitisation market is embarking on a transaction where the securitised pool includes Scottish assets.
Meet our key contacts
Fiona Buchanan
Partner and Head of Banking and Finance
Related articles and insights: Debt Capital Markets and Securitisation
28 October 2025
Contributors:
Louisa Knox, Hamish Patrick, Donald Smith, Peter Alderdice
31 October 2023
Moveable transactions – Scotland v England: Round 1 – Assigning receivables
Contributors:
Andrew Kinnes, Hamish Patrick
6 June 2023
Securitisation in Scotland – Q&A
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Fiona Buchanan, Neil Campbell
13 March 2023
Refinancing and releasing security
Contributor: Lucy Hall
Contact us
Fiona Buchanan
Partner and Head of Banking and Finance
