Pepper Global restructures corporate group
Clients Pepper Global
Jones Day advised Pepper Global, a leading diversified global loan servicer and lender, on a major restructure of its corporate group. The restructure involved various steps across 13 jurisdictions, including Pepper Global Topco Limited, a company incorporated in Jersey, being established as the new ultimate holding company of the Pepper Global group under a share exchange transaction. Pepper Money, the Australian and New Zealand lending and servicing division of Pepper Global, was also reorganized as a separate corporate group to facilitate the IPO of Pepper Money Limited on the ASX.