Third Essential Hits Mart With £666 Mln CLO

21 Dec 2007

Third Essential Public Infrastructure Capital, a German special purpose company, has issued a £666 million ($1.32 billion) collateralized loan obligation. The comprises 19 monoline wrapped bond investments that finance U.K. electricity distribution and water utilities and U.K. health and education projects. The assets are part of DEPFA Bank’s ...

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