Hogan Lovells advises Jaguar Land Rover on £500 million payables financing facility for supplier pre-payments

"Hogan Lovells advised Jaguar Land Rover on a £500 million short-term supplier finance programme to pre-pay qualifying suppliers against purchase orders and invoices, accelerating payments to key suppliers during JLR’s manufacturing restart following recent production disruption."

Hogan Lovells advised Jaguar Land Rover on a £500 million payables financing facility to provide pre-payments to qualifying suppliers. The transaction comprised a short-term supplier finance programme under which qualifying suppliers may receive pre-payments against purchase orders and invoices. The programme is designed to accelerate payments to key suppliers in need of financial support during Jaguar Land Rover’s manufacturing restart phase, following recent disruption to the company’s production lines. Hogan Lovells represented Jaguar Land Rover with a team composed by: Andrew Taylor, partner, Banking.

Hogan Lovells advises Jaguar Land Rover on £500 million payables financing facility for supplier pre-payments

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