SC Lowy, UOBAM to put Asian CLOs back on the map
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Asia

SC Lowy, UOBAM to put Asian CLOs back on the map

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A rarely seen product is set to return to the Asian securitization market with fixed income specialist SC Lowy and UOB Asset Management (UOBAM) gearing up for a $400m collateralized loan obligation (CLO). The transaction will be the first non-bank originated Asian CLO in years, but the structured finance community is sceptical about the market’s potential, writes Rev Hui.

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