The Mall Funding plc - April 2005

Robert Hickling and Michaela Hamilton advised Morley a £1 billion securitisation of the rental streams relating to various UK commercial properties. The structure involved the issue of £1.06 billion commercial mortgage-backed floating-rate notes by The Mall Funding PLC. The collateral comprises 20 shopping centres located throughout the U.K. Barclays were liquidity provider. Mourant worked with Freshfields and Nabarros.