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Cadwalader Advises Investec on €1 Billion Secured Note Programme
May 21, 2021 | Issue No. 127

Cadwalader advised Investec on a €1bn secured note programme backed by subscription credit facilities with one of the UK’s largest insurers. The transaction, one of the first in this new product area for the London market, will enable the insurer to take advantage of an opportunity to participate in an attractive investment-grade rating product in a current environment of low yields from high-quality credit, rated A and better.

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