HSBC Readies $5 Bln SIV Launch

08 May 2007

HSBC’s new structured investment vehicle, said to have an initial portfolio target of up to $5 billion, is set to launch next month.

—Hugh Leask

HSBC’s new structured investment vehicle, said to have an initial portfolio target of up to $5 billion, is set to launch next month. The bank is understood be acting as both manager and placement agent on the first issue of Asscher, which will reach the market in early ...

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