Marcus Mackenzie

Partner, Freshfields Bruckhaus Deringer, 

Marcus specialises in capital markets/derivatives and banking transactions, advising originators, issuers and credit providers. He advises on both 'asset portfolio' securitisations and whole business securitisations in a variety of sectors including the infrastructure and pub sectors.

Described as "fantastic" with “a good sense of humour, which helps in difficult situations" by Chambers & Partners UK 2015, Marcus has worked in Freshfields' New York office (twice) and was seconded for four months to Salomon Brothers' legal department. He has been a Partner since 1998 and is currently head of the firm’s Structured Finance, Securitisation and Debt Capital Markets team in London.

‎Some of Marcus’ recent work includes:

  • UniCredit Leasing (Austria) GmbH as originator and UniCredit Bank AG as arranger on a true sale securitisation of lease receivables; UniCredit - Success II in Autumn 2015 with the Austrian team.

  • The Royal Bank of Scotland and others in relation to Volkswagen Financial Services UK’s Driver programme on a number of transactions;

  • The Royal Bank of Scotland and others in relation to the conduit financing arrangements for Vauxhall UK/GMAC;

  • The Royal Bank of Scotland and Erste Group in relation to the securitisation of auto loans/leases in Austria by Erste Bank;

  • The Royal Bank of Scotland, Deutsche Bank and others on an innovative £3bn refinancing solution for AA Group – the market leading UK and Ireland roadside assistance business and complementary motor and house insurance business;

  • HS1 Limited (the company which owns the high speed rail connection between London and the channel tunnel) in connection with the refinancing of its £1.4bn of acquisition debt via a multi debt platform;

  • HSBC Rail UK Limited in connection with its restructuring, refinancing and £2.1bn sale of its UK rail leasing business, Eversholt Rail;

  • a leading infrastructure consortia on the take private transactions of Associated British Ports and Anglian Water Group;

  • Associated British Ports group on the refinancing of £2.36bn of debt incurred in connection with the acquisition by Associated British Ports Acquisitions UK Limited (ABPA) of the ABP group through a £5bn secured bank/bond financing platform;

  • Goldman Sachs in connection with a €1.23bn monoline wrapped bond issue by Toll Road Funding backed by a loan to Autostrade;

  • Westfield on the £750m CMBS refinancing of the Westfield Stratford City Shopping Centre;

  • an ad hoc group of noteholders including Deutsche Annington on the restructuring of Europe’s largest outstanding CMBS transaction, GRAND, which involved the first scheme of arrangement of a CMBS issuer vehicle;

  • on the £1.825bn refinancing of Punch Taverns Finance and Punch Funding; and with Citigroup, a £950m restructuring of Punch Taverns in 2005 and the recently completed Punch Taverns tap issue;

  • The Royal Bank of Scotland on the £600m Greene King pubs securitisation;

  • the lead arranging banks (including Goldman Sachs, RBS, Citigroup and Barclays) on the restructuring and refinancing of the Spirit group's syndicated bank facility and existing securitisation

  • acting for the lenders to the preferred bidder in connection with the financing for the Thames Tideway Tunnel project

  • The Royal Bank of Scotland, Deutsche Bank and others on an innovative £3bn refinancing solution for the AA group;

  • Blackstone in connection with the refinancing of the Center Parcs group and acting for Brookfield on the acquisition financing for their purchase of the Center Parcs group having originally advised on the Whole business securitisation in 2012;