StanChart Completes Sixth CLO

02 Dec 2010

Standard Chartered Bank has completed the START VI CLO, its sixth collateralized loan obligation.

Standard Chartered Bank has completed the START VI CLO, its sixth collateralized loan obligation. In this latest, $1.25 billion CLO—its first since July 2008--Standard Chartered sold the credit risk of a pool of loans to more than 400 borrowers, 90% of whom are based in Asia and the ...

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