Slaughter and May is advising Arrow Global on the proposed disposal of two consumer loan servicing platforms and associated portfolios

Slaughter and May is advising Arrow Global, a TDR portfolio company that is a leading European investor and asset manager in the nonperforming and non-core assets sector, on the disposal of its Capquest and Mars UK consumer servicing platforms to Intrum AB. The Capquest platform currently services unsecured UK consumer loans, while the Mars UK platform currently services UK residential consumer mortgages. Alongside Capquest and Mars UK, Intrum AB has also agreed to acquire 50% of Arrow Global’s unsecured UK consumer portfolio.

The transaction is subject to conditions, including approval by the Financial Conduct Authority. The transaction is expected to complete in the second quarter of 2023.