Barclays in largest UK credit card securitization
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Barclays in largest UK credit card securitization

Clifford Chance, Orrick Herrington & Sutcliffe and Linklaters have all advised on the largest securitization of UK credit cards. The transaction is valued at $1 billion backed by receivables from UK consumer credit and charge cards. Barclays Bank, including Barclaycard, was the originator, with Barclays Capital as seller of the bonds and lead manager.

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