Monroe’s first BSL CLO aims for transatlantic risk retention

Monroe Capital
By Will Caiger-Smith
29 Apr 2015

Chicago-based Monroe Capital expects its first ever broadly syndicated CLO to comply with risk retention in both Europe and the US, potentially helping it price tighter.

The deal shows the extent to which the lines between broadly syndicated and middle-market CLOs is blurring as investors search for yield, leading some investors to be skeptical about managers’ abilities to deliver value in both markets.

New direction

BNP Paribas is marketing Monroe Capital BSL CLO ...

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