Barclays gives Mermaid and Prime Bricks CLO guidance

Barclays Capital has issued price guidance for Danske Bank’s two balance sheet CLOs, the Eu6bn fully funded Mermaid and the Eu4.5bn KfW sponsored Prime Bricks.

The Eu1.5bn 0.96 year triple-A tranche of Mermaid is talked in the 7bp area over Euribor, while the Eu4.032bn 2.54 year triple-A notes are ...