Citi appointed for Lloyds Banking £1.3bn CDO 08 August 2011London Reporter: Anna Reitman
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Citi's global transaction services has been appointed to Lloyds Banking Group's £1.3 billion collateralised loan obligation (CLO) via Sandown Gold, a cash flow securitisation of loans granted to UK small and medium-sized enterprises issued for funding purposes.
Citi will act as note trustee, principal paying agent, registrar and agent bank.
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