Linklaters continues to build on the success of its structured finance and derivatives practice, which has particular expertise in OTC derivatives. The firm advised Barclays Capital, Citigroup Global Markets and Deutsche Bank Securities, as international joint dealer managers, on the Republic of Argentina's $18....
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Linklaters continues to build on the success of its structured finance and derivatives practice, which has particular expertise in OTC derivatives. The firm advised Barclays Capital, Citigroup Global Markets and Deutsche Bank Securities, as international joint dealer managers, on the Republic of Argentina's $18.3 billion exchange offer in May 2010.
In a transaction announced in February 2010, the firm is advising the Royal Bank of Scotland on a $1.7 billion transaction involving the sale of the metals, oil and European energy commodities trading businesses of RBS Sempra Commodities. The international deal included a total return swap structure, which was governed by New York law and required the negotiation of a complex exposure calculation and valuation methodology accounting for multiple collateral streams. Completion is subject to permission from various authorities, including anti-trust and other regulatory approvals.
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