As well as an established offering of loan disposals for major investment banks and funds, LXM also provides a suite of solutions for more complex situations where a single loan sale is not possible or desired. We offer clients a full-cycle solution from valuation to sale of exposures.
LXM provides clients with both fair value and spread expectations for portfolios of both performing and non-performing loans. We can provide in-house valuations and third-party valuations to assist institutions in meeting accurate reporting and regulatory standards.
The Group has extensive experience in managing loan portfolios and any resulting disposals, including advising on structural, legal and regulatory issues. We work with the client to ensure the process is successful within the projected timeframe. Loan portfolios are typically disposed of by a controlled and competitive auction, but LXM is accustomed to working with a limited number of counterparties on a closed basis.
We can act as an independent third party to advise the lender on the optimum course of action. The Group can also work with the existing borrower to find an amicable solution in order to monetise the loan asset in short order and can assist the borrower in refinancing with a third party.
LXM can take over loans in order to allow for more flexible and lengthy discussions with the borrower. The Group uses both in-house and external expertise to warehouse exposures on behalf of the lender allowing parties either to enjoy temporary liquidity or ensure disposals are not envisaged as forced sales by the marketplace.
Finally, we can assist lenders in perfecting security of pledged assets and advise on the deconsolidation of assets from the lender’s balance sheet.