Midlands giant Wragge & Co is celebrating taking a further chunk of bond work from its City rivals after advising the Chelsea Building Society on a £750m issue.

The instruction boosts the total value of bonds the firm has acted on over the past two years to £4bn.
This new instruction saw the firm advising on the renewal of a £750m euro medium note term programme and the issue of a £100m subordinated note due in 2017.