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

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 ...