Slaughters and A&O link on £4bn securitisation

Slaughter and May has combined with Allen & Overy (A&O) to seal a £4bn residential mortgage-backed securitisation deal for Abbey National – the largest deal of its kind ever to be signed in Europe.

Slaughters advised Abbey on the deal, making it a clean sweep for the firm, which has advised on all six such deals the client has concluded using the residential mortgage master trust structure.

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