Haydock completes £380m third public securitisation

Haydock Finance has successfully completed its third public securitisation, marking a significant milestone in the company’s funding strategy as it continues to support UK businesses.

The transaction, named Hermitage 25, places £380 million of receivables into a public asset-backed securitisation (ABS), freeing up balance sheet capacity and enabling Haydock to scale its lending operations further.

Commenting on the deal, Haydock CEO John Jenkins said: “Getting our third deal done, less than a year after the last one, is a great endorsement of Haydock and demonstrates the confidence the market has in us as an issuer.

“Each time we create more capacity in our funding, it allows us to support more UK businesses with their plans to grow and invest. A big thank you to our advisers for helping to get this over the line.”

The completion of Hermitage 25 follows two previous public ABS transactions and reflects continued investor appetite for Haydock’s receivables-backed funding model.