Clifford Chance’s Paul Kruger (Hong Kong) acted for Warburg Dillon Read in the first public rated securitisation by a Korean entity. The deal included Kexim, which provide finance to Korean exporters, issuing $230m (£143.8m) senior secured floating rate notes and securitised receivables valued at $668m (£417.5m).
Nabarro Nathanson acted for Anglo Irish Bank on a £16m loan to Pelmore. The loan was secured on five multi-let properties throughout England. James Madden led the team. Theodore Goddard’s Michael Black and Jayesh Patel acted for Anglo on security. DJ Freeman acted for Pelmore. John Clark led the team.
