UniCredit sells Geldilux CLO of SME loans privately
UniCredit closed a securitisation of loans to small and medium-sized enterprises on Tuesday. The bank placed the €150m 2.5 year ‘A1’ notes of the deal, known as Geldilux-TS-2011, with a third party investor, at a coupon of 130bp over Euribor. The investor in question was “very familiar with the [Geldilux] programme”, according to a source close to the deal.
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