CC takes first major transaction for Prudential Capital as government sells off loans

Clifford Chance (CC) has picked up its first significant deal for Prudential Capital Group in the UK government’s £11.8bn sale of buy-to-let mortgages from failed lender Bradford & Bingley.

Slaughter and May, Allen & Overy (A&O) and CC all picked up advisory roles on the disposal of loans purchased at the height of the financial crisis.

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