Bancaja Preps €1 Bln SME CLO

01 Oct 2007

Spanish bank Bancaja is preparing a €1 billion ($1.42 billion) small-to-medium enterprise collateralized loan obligation.

Hugh Leask

Spanish bank Bancaja is preparing a €1 billion ($1.42 billion) small-to-medium enterprise collateralized loan obligation. Deutsche Bank is understood to be co-arranging the deal alongside the Valencia-based lender, who will retain all the notes issued.

The transaction, FTPYME Bancaja 6 FTdA, is a fully-funded cash CLO, which ...

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