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Market First: U.S. Registered Covered Bonds Issued

 

19 September 2012

Allen & Overy advised the underwriters on the first ever U.S. SEC-registered covered bonds, which were issued today, Wednesday, September 19th, 2012 by Royal Bank of Canada. The issuance opens the door for other non-U.S. issuers to tap into the U.S. registered market, giving them access to a new pool of U.S investors that were previously out of reach.

 

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