NEW YORK — UCC Capital Corp. won “Deal of the Year” for its collateralized debt offering in 2004 of BCBG Max Azria Group.

The award, by Institutional Investor’s Securitization News, was presented Thursday night at a dinner here at the Ritz Carlton Battery Park.

The New York-based financial firm completed the $53 million asset-backed bond offering in December. The investment grade bonds are backed via a securitization of BCBG’s trademarks. UCC was the structuring and placement agent for the bonds. The institutional investor in the BCBG bond offering is New York Life.

“UCC has dedicated tremendous time and effort to offer our clients a spectrum of innovative financing solutions,” said Robert D’Loren, president and chief executive of UCC Capital, in a statement.

UCC specializes in corporate whole-company securitization backed by intellectual property. Past deals include Bill Blass and Candie’s Inc.

UCC is also the investment banker for Bill Blass, which, as first reported in WWD, is weighing a sale of the company. According to UCC in a statement, “Bill Blass has been approached by several suitors looking to purchase the company, and UCC will lead the discussions and handle terms on behalf of the company.”

This story first appeared in the April 26, 2005 issue of WWD. Subscribe Today.