Aon, today announced, the launch of its Intellectual Property (IP) Capital Market Solution along with the close of a significant IP-backed lending transaction worth over $100 million, believed to be the largest such transaction ever consummated.
The first deal involves Indigo Ag, a high-growth, IP-rich agriculture technology company, which is borrowing over $100 million from a lender utilizing its IP as collateral, with the value of that collateral insured by a group of insurance markets led by Markel Specialty. Hudson Structured Capital Management (HSCM) was the largest capacity provider.
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