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Non-Standard Finance Closes IPO

Non-Standard Finance Plc completed its listing on the London Stock Exchange and closed its initial public offering. Non-Standard Finance plc is a new venture set up to acquire and operate one or more non-standard consumer finance businesses, including in the guaranteed loan, consumer loan, rent-to-own and home collected credit sub-sectors of the British non-standard consumer finance industry.

The Paul, Weiss London office was co-counsel to the issuer along with Slaughter and May. The Paul, Weiss team advising Non-Standard Finance included securities partner Mark Bergman and counsel Patricia Vaz de Almeida. Assistance was provided by tax partner David Sicular.

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