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Clifford Chance says it advised on an $802.4 million infrastructure securitization
Clifford Chance said it advised on the $802.4 million infrastructure asset-backed securities issuance by Bayfront IABS IX, a Clifford Capital distribution vehicle. The firm said it represented Société Générale as sole global coordinator and ING, MUFG, SMBC Nikko and Standard Chartered as joint bookrunners and joint lead managers.
Key points
- The firm said the portfolio comprised 46 loans and bonds linked to 43 projects.Clifford Chance
- Clifford Chance said the assets spanned 15 countries and 14 industry subsectors.Clifford Chance
- The firm said the issuance was two times oversubscribed and was Clifford Capital’s ninth and largest public IABS issuance.Clifford Chance
- Clifford Chance said the senior notes were listed on the Singapore Exchange.Clifford Chance