Assets ceased/released
All of the property or undertaking has been released from the charge
Persons entitled
- The Prudential Assurance Company Limited
Amount secured
All liabilities under or in connection with the reinsurance contract
Short particulars
The chargor's right to and title and interest in all present and future long-term insurance assets.
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge