ICG, Lloyds Eye Big European CLO

29 Apr 2013

Intermediate Capital Group and Lloyds Banking Group are said to be in discussions to launch a collateralized loan obligation that would be the largest in Europe since the financial crisis.

Intermediate Capital Group and Lloyds Banking Group are said to be in discussions to launch a collateralized loan obligation that would be the largest in Europe since the financial crisis. Sources said ICG has already begun raising funds for a EUR400 million ($524.07 million) structured loan vehicle.

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