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First-pay single Bs price at 185bp as bank issues Greek SME CLO
7 years ago
You can get hold of single-B rated debt in European CLOs at 11%. But investors looking to buy into the National Bank of Greece's new SME CLO would have had to settle for 185bp over Euribor for single-Bs, which are admittedly the senior-most notes in the Sinepia CLO -
New risks in SME lending
7 years ago
Assessing the true credit quality of alternative lending to SMEs is challenging -
PGGM inks €2.3 billion synthetic securitisation deal with Santander
8 years ago
Dutch pension fund PGGM has entered into a risk-sharing transaction with Santander, which references a Spanish SME loan book.
3 results found Showing page 1 of 1
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