Herbert Smith Freehills Kramer represented the initial purchasers and placement agents, in connection with a $395.670 million securitization of home improvement draws on consumer loans entered into primarily to finance home improvement-related products and services. The Notes were rated by Fitch Ratings, Inc. The transaction closed on November 25, 2025.

The HSF Kramer team consisted of Securitization and Structured Finance partners Gilbert K.S. Liu and David S. Berg, and associates Shazia Ahmad and Francis Keane; Tax partner Pamela M. Capps and associate Mariya Khvatskaya; and Executive Compensation and Employee Benefits partner Marissa J. Holob and special counsel Avram J. Cahn. 

Key contacts

Gilbert K.S. Liu photo

Gilbert K.S. Liu

Managing Partner, Finance and Restructuring, US and Head of Securitization, US, New York

View profile
David S. Berg photo

David S. Berg

Partner, Head of Private Credit, US, New York

View profile
Shazia Ahmad photo

Shazia Ahmad

Associate, New York

View profile
Francis A. Keane photo

Francis A. Keane

Associate, New York

View profile
Pamela M. Capps photo

Pamela M. Capps

Partner, Head of State and Local Tax, US, New York

View profile
Mariya Khvatskaya photo

Mariya Khvatskaya

Senior Associate, New York

View profile
Marissa J. Holob photo

Marissa J. Holob

Partner, Head of Executive Compensation and Employee Benefits, US, New York

View profile
Avram J. Cahn photo

Avram J. Cahn

Special Counsel, New York

View profile

Stay in the know

Receive timely insights and briefings from HSF Kramer, tailored to keep you informed and ahead

Subscribe now
Americas Securitization and structured finance Gilbert K.S. Liu David S. Berg Shazia Ahmad Francis A. Keane Pamela M. Capps Mariya Khvatskaya Marissa J. Holob Avram J. Cahn