CC, Linklaters on first CLO of PFI loans for Depfa Bank
Clifford Chance and Linklaters have worked on the £391.7m collateralised loan obligation (CLO) of PFI loans – the first ever synthetic risk transfer within that asset class, which will boost the growing secondary PFI market. The securitisation comprises 24 PFI loans made by Depfa Bank across a number of sectors, including schools, hospitals, roads, police […]