Bridge book sales begin with Financière CEP buyout loan launch

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Bridge book sales begin with Financière CEP buyout loan launch

Owen Sanderson
May 20, 2020 04:30 pm
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The raising of the bridge on the Chicago River and sailboats move from their harbor on Lake Michigan. vintage photo effect. Stockphoto | alekseigl - stock.adobe.com

JP Morgan and Nomura have started the syndication of the loan backing Bridgepoint’s buyout of French mortgage insurance broker Financière CEP, in a sign that market conditions have improved enough to fire the starting gun on the sale of loans underwritten before the coronavirus crisis shut markets.

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