McKee Nelson announced a new team focused on the market for so-called "covered bonds," which refers to bonds sponsored by a bank and secured by a specific pool of loans or receivables. Covered bonds are common in Europe, but new to the U.S. market. The New York-based McKee Nelson said it has advised on the first two covered bond transactions in the United States. Washington partner John Arnholz and New York partner Kenneth Marin will lead the team.
July 17, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
McKee Nelson announced a new team focused on the market for so-called “covered bonds,” which refers to bonds sponsored by a bank and secured by a specific pool of loans or receivables.
Covered bonds are common in Europe, but new to the U.S. market. The New York-based McKee Nelson said it has advised on the first two covered bond transactions in the United States.
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