Post by Clifford Chance Asia Pacific

We have advised on Clifford Capital's 𝘀𝗲𝘃𝗲𝗻𝘁𝗵 𝗮𝗻𝗱 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗽𝘂𝗯𝗹𝗶𝗰 𝗜𝗔𝗕𝗦 𝗶𝘀𝘀𝘂𝗮𝗻𝗰𝗲 𝘁𝗼 𝗱𝗮𝘁𝗲. Bayfront VII introduces a number of innovative features, including Clifford Capital's inaugural issuance in Rule 144A/Reg S format and the first IABS transaction with notes that carry credit ratings from two rating agencies, Moody's and Fitch. Partner Francis Edwards said, "𝘛𝘩𝘪𝘴 𝘵𝘳𝘢𝘯𝘴𝘢𝘤𝘵𝘪𝘰𝘯 𝘮𝘢𝘳𝘬𝘴 𝘢𝘯 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 𝘴𝘵𝘦𝘱 𝘪𝘯 𝘵𝘩𝘦 𝘦𝘷𝘰𝘭𝘶𝘵𝘪𝘰𝘯 𝘰𝘧 𝘈𝘴𝘪𝘢’𝘴 #𝘪𝘯𝘧𝘳𝘢𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦 𝘥𝘦𝘣𝘵 𝘮𝘢𝘳𝘬𝘦𝘵. 𝘛𝘩𝘦 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘷𝘦 𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦 𝘢𝘯𝘥 𝘣𝘳𝘰𝘢𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳 𝘱𝘢𝘳𝘵𝘪𝘤𝘪𝘱𝘢𝘵𝘪𝘰𝘯, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘢𝘤𝘤𝘦𝘴𝘴 𝘧𝘰𝘳 𝘜𝘚 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴, 𝘳𝘦𝘧𝘭𝘦𝘤𝘵 𝘨𝘳𝘰𝘸𝘪𝘯𝘨 𝘥𝘦𝘮𝘢𝘯𝘥 𝘧𝘰𝘳 𝘥𝘪𝘷𝘦𝘳𝘴𝘪𝘧𝘪𝘦𝘥 𝘪𝘯𝘧𝘳𝘢𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦 𝘢𝘴𝘴𝘦𝘵𝘴 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘪𝘯𝘨 𝘴𝘰𝘱𝘩𝘪𝘴𝘵𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘵𝘩𝘦 𝘴𝘦𝘤𝘵𝘰𝘳. 𝘞𝘦 𝘢𝘳𝘦 𝘱𝘭𝘦𝘢𝘴𝘦𝘥 𝘵𝘰 𝘩𝘢𝘷𝘦 𝘴𝘶𝘱𝘱𝘰𝘳𝘵𝘦𝘥 𝘊𝘭𝘪𝘧𝘧𝘰𝘳𝘥 𝘊𝘢𝘱𝘪𝘵𝘢𝘭 𝘰𝘯 𝘺𝘦𝘵 𝘢𝘯𝘰𝘵𝘩𝘦𝘳 𝘮𝘪𝘭𝘦𝘴𝘵𝘰𝘯𝘦 𝘥𝘦𝘢𝘭, 𝘸𝘩𝘪𝘤𝘩 𝘴𝘦𝘵𝘴 𝘢 𝘣𝘦𝘯𝘤𝘩𝘮𝘢𝘳𝘬 𝘧𝘰𝘳 𝘧𝘶𝘵𝘶𝘳𝘦 𝘪𝘴𝘴𝘶𝘢𝘯𝘤𝘦𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘳𝘦𝘨𝘪𝘰𝘯." The Clifford Chance team across #Singapore, #HongKong, #London, #NewYork and #Houston advised the joint global coordinators, joint bookrunners and joint lead managers; BNP Paribas, MUFG Securities, JP Morgan, Société Générale and Standard Chartered Bank on this transaction. Find out more: https://lnkd.in/gpmcpRxg