UCC Capital Corp. (UCC) last week placed its first intellectual property-backed securitization of the year, pooling IP royalty streams in a $20 million deal for fashion retailer Candie’s Inc.
This is one of the first transactions UCC has closed since the company parted ways with co-founder and former chairman Charles A. Koppleman, who was bought out of the UCC last year (hence, the removal CAK from the firm’s name).
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