Iolaus reaches end of trek as Morgan Stanley carves super-senior bond to bring in buyers

  • 26 Sep 2003

Morgan Stanley this week completed Iolaus, the 15th offering in its ELoC programme.

After more than a month of marketing and extensive restructuring to soothe investor fears over portfolio concentrations, the deal was priced in line with price talk.

European Loan Conduit No 15 plc (Iolaus) refinances 11 loans originated ...

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2 Bank of America Merrill Lynch (BAML) 8,207 26 10.77
3 Lloyds Bank 7,202 22 9.45
4 Citi 6,256 16 8.21
5 JP Morgan 5,220 8 6.85

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5 Credit Suisse 63,570.21 165 6.61%