Shelf registration set to make waves across the Atlantic

Published October 26, 2005 12:00 AM EDT 1 Min Read

The first ever shelf registered repeat credit card structure for a U.K. based company is expected to launch by December, according to market sources. Clifford Chance is lead advisor on the deal. “It’s a brand new listing that is a hybrid between MBNA [Europe] MTN issuance coupled with U.S. SEC shelf registration – it’s taken a lot of work to get done”

For reprint and licensing requests for this article, click here.

Uncategorized

No Action’ Letter Provides CLOs Limited Relief from Risk Retention

The Securities & Exchange Commission published a no-action letter saying some CLOs issued before December 2014 can be refinanced and remain exempt from risk retention rules.

July 20

ABS

Reg AB II Returns from Limbo

Regulation AB governs registration, reporting and disclosure requirements for all things asset-backed. The Securities and Exchange Commission appears to be ready to update it significantly, but, nearly four years after changes were originally proposed, its not clear exactly what the Commission will do.

March 4