Aria CDO II Limited/ JPMorgan Securities Limited - August 2005

Robert Hickling advised Aria CDO II Limited in a US$10,000,000,000 CDO structure arranged by JPMorgan Securities Limited with Axa Investment Managers as portfolio manager. This was a managed synthetic collateralised debt obligation (CDO) designed to combine CDO and medium-term note (MTN) technology allowing for the marketing of bespoke issues of Notes using standardised underlying programme documentation. We have subsequently advised on further issues utilising the structure.