Lloyds Launches £1 Bln SME CLO
Lloyds TSB today closed a £1 billion ($1.9 billion) small-to-medium enterprise collateralized loan obligation.
--Cristina Pittelli
Lloyds TSB today closed a £1 billion ($1.9 billion) small-to-medium enterprise collateralized loan obligation. Doncaster Gold, Lloyd’s fourth SME CLO, is a synthetic securitization of property loans in the U.K.
The deal has been privately placed with investors and forms part of the bank’s distribution strategy to ...Already a subscriber? Login