NatWest boosts capital with synthetic CLO

NatWest has taken advantage of robust market conditions and improved its capital position with a synthetic securitization of loans called Nightingale 2017-1.

  • By Bill Thornhill
  • 22 Nov 2017

The synthetic balance sheet CLO was structured and arranged by NatWest Markets for National Westminster Bank and was the second in the series following one deal issued in 2016.

In this case the bond was secured on SME loans, residential mortgages and commercial income producing real ...

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2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

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