All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Flurry of private SME secured deals point to public debut

Banks will be grateful for another funding route once senior unsecured costs start to rise again, reports Bill Thornhill. Dual recourse covered bonds backed by loans to small and medium sized enterprises offer a neat solution. Following a series of privately placed deals, the first public issues in Germany or the UK look imminent.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree