Citi appointed for Lloyds Banking £1.3bn CDO
08 August 2011 London
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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.
Citi will act as note trustee, principal paying agent, registrar and agent bank.
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