Weil represented Guggenheim Securities, LLC and Rabo Securities USA, Inc., as initial purchasers, in a $500 million Rule 144A/Reg S whole-business securitization by Jack in the Box Funding, LLC.

The transaction involved the issuance of 7.624% Class A-2 asset-backed notes secured by franchise royalties, company-operated restaurant revenues, IP and licensing rights and other securitized assets owned by subsidiaries of Jack in the Box, Inc.

The Weil team was led by Structured Finance and Derivatives Co-Head Frank Nocco and partner David Jackson and includes Structured Finance and Derivatives partner Andrew Lauder and associates Sebastian Luque Charry, Preston Wickremesekera and Jordan Baum; Executive Compensation & Benefits partner Sarah Downie; and Tax counsel Dylan Lionberger and associate Manpreet Kaur.