Fintech company secures $100m debt facility with Ashurst’s advice

Ashurst has again helped fintech firm Judo Capital secure a major debt facility.

The global law firm advised the Australian non-bank financial institution on the $100m debt facility provided by Goldman Sachs.

Ashurst said that the facility is an important funding source for Judo, which is aiming to be an authorised deposit-taking institution. The company is also expanding its SME-lending business.

Global markets partner Jennifer Schlosser headed the Ashurst team. She was supported by partner Kenneth Tang, and associates Jason Wong and Caroline Christian. Tax matters were handled by partner Geoffrey Mann.

Ashurst also helped Judo secure a $350m debt facility from Credit Suisse late last year.