Linklaters awarded Structured Finance Deal of the Year by IFLR

Linklaters captured a Deal of the Year award in the Structured Finance and Securitisation category for Trade MAPS 1 Limited, Series 2013-1 at the International Financial Law Review (IFLR) Americas Awards ceremony held in New York on 27 March.  The Linklaters team involved was led by Paul Kruger (Abu Dhabi), Noah Melnick (New York) and Mary Matson (Hong Kong) and comprised lawyers from 19 of the firm’s offices, reflecting the multi-jurisdictional nature of the Program.

Linklaters was recognized for its innovative design, structure and implementation of the Trade MAPS Program, which allows participating banks to fund their trade businesses through the issue of term securities. It provides long-term funding for traditionally short-dated assets and enhances the banks’ liquidity position. The Program also introduces a new category of asset-backed securities to the ABS market.