Magic circle firm continues to dominate RMBS market closing largest-ever European transaction
March 19, 2003 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) has confirmed its position as the City’s leading firm for residential mortgage-backed securitisation (RMBS) deals with the completion of Halifax’s £4.7bn transaction – the largest deal of its kind to be signed in Europe.
This latest deal used the same ‘master trust’ structure as the first RMBS deal that was developed by the Bank of Scotland in 2000 for the Mound Financing No.1 transaction.
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