Alston & Bird client Regional Management Corp., a diversified consumer finance company, has closed its eleventh securitization, a private offering of $250 million of asset-backed notes. The securitization has a two-year revolving period, and the Class A notes received a top rating of “AAA” by Standard & Poor’s and Morningstar DBRS.
Advising Regional Management was an Alston & Bird team led by partner Tara Castillo and associate Krishna Pathak (Finance). The team also included partners Clay Littlefield (Tax); partner Jacob Johnson (Financial Restructuring & Reorganization); partner Stephen Ornstein, counsel Sherry Yeatts, and senior associates Tom Dunn and Josh Dhyani (Financial Services); and associate Akruti Patel and paralegal Nicholas Pandullo (Finance).