Sponsors franchise forms foundation for NatWest’s CLO push

NatWest Markets is offering warehouse terms for new CLOs again, reflecting the reorganisation of the bank’s operations and an increased focus on sponsor financing for the UK bank.
It has had an occasional presence in the market in the past, arranging deals including the first (and only) sterling CLO in the market, Dryden 63 GBP, a deal priced in 2018 and recently liquidated. It issued Crosthwaite Park for GSO in 2019, as well as a
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