Client Work

Syndicate led by Bank of America, N.A. completes US$10.1 billion financing in connection with a joint acquisition of prime student loans

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Overview

Client

Bank of America, N.A.

On September 6, 2024, a syndicate of lenders led Bank of America, N.A. closed a financing in connection with the US$10.1 billion acquisition of a portfolio of prime student loans from Discover Financial Services by way of a joint venture including two global investment firms, Carlyle and KKR. 

Fasken advised a syndicate of lenders led Bank of America, N.A with a team led by Elana Hahn and included Nathan Gates. 

 

Jurisdiction

  • Ontario

Team

  • Elana M. Hahn, Partner | Banking & Finance, Toronto, ON, +1 416 865 5468, ehahn@fasken.com
  • Nathan L. Gates, Partner | Banking & Finance, Toronto, ON, +1 416 865 5470, ngates@fasken.com
Elana Hahn Toronto Lawyer Elana M. Hahn Partner | Banking & Finance Toronto, ON +1 416 865 5468
Nathan Gates Toronto Lawyer Nathan L. Gates Partner | Banking & Finance Toronto, ON +1 416 865 5470