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

Secondary market considers ‘puzzling’ Eu280m Bwic

A loan fund has hired banks to run a bids-wanted-in-competition (Bwic) auction for a portfolio of 66 loans totalling Eu280m. Traders said the Bwic, which was presented to the market on Wednesday, was the largest of the year so far, and that it may be a sign that investors think secondary loan prices have reached a peak.

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