Yorkshire leader Walker Morris has secured a lead role alongside Freshfields Bruckhaus Deringer on a £200m rights issue for subprime lender Cattles as the credit squeeze continues to generate work for legal advisers.The rights issue, which was finalised on 23 April, will raise capital for the FTSE 250 company to support an application to the Financial Services Authority for a banking licence, which requires higher capital strength.
May 07, 2008 at 10:36 PM
1 minute read
The original version of this story was published on Legalweek
Yorkshire leader Walker Morris has secured a lead role alongside Freshfields Bruckhaus Deringer on a £200m rights issue for subprime lender Cattles as the credit squeeze continues to generate work for legal advisers.
The rights issue, which was finalised on 23 April, will raise capital for the FTSE 250 company to support an application to the Financial Services Authority for a banking licence, which requires higher capital strength.
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