Lovell White Durrant advised property company Shaftesbury on its issue of £63m of first mortgage debenture stock secured on its property in London's Chinatown and Carnaby Street. Linklaters & Paines advised the trustee, Prudential Trustee Company, and the listing agent, Dresdner Kleinwort Benson, on what was the first debenture stock placing through the Stock Exchange's electronic share trading system Crest.