Lambie, Allen & Overy
The Royal Bank of Scotland acted as arranger and lead
manager on a £355 million ($616.5 million) issuance of
commercial mortgage-backed notes by Trafford Centre Finance, a
member of Peel Acquisitions Group. The
transaction involved the issuance of reserve notes, on which no
interest or principal is payable while held by the issuer.
Partner Christian Lambie led the Allen & Overy team
advising RBS. Travers Smith advised The Peel Acquisitions
Group. Sachin Zodgekar is in-house counsel at RBS.
Egypt's first public securitization came to market in July,
in the form of a $1.55 billion oil-linked financing by
state-owned Egyptian General Petroleum Corp (EGPC). The deal is
backed by export receivables for heavy crude and naphtha.
Skadden Arps Slate Meagher & Flom advised the company and
the government on the deal, with Latham & Watkins advising
Morgan Stanley, as...