NIB picks CP, term funding for maiden high grade CDO

26 Nov 2004

NIB Capital Credit Management has closed its first CDO of high grade dollar denominated ABS, using a mixture of term and commercial paper funding to achieve a cheaper cost of funds.

The deal, Belle Haven CDO, issued five classes of notes, with the senior $860m ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial