Dresdner agrees $1.5bn mezz and backstop support for K2

  • 20 Mar 2008

Dresdner Bank has agreed terms on its support facility to K2, its structured investment vehicle, to cover the repayment of all senior debt as it becomes due.

The bank signed an agreement on Tuesday with K2, to which investors in the SIV have agreed, involving a $1.5bn committed mezzanine ...

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