NIB Capital Bank is in the early stages of marketing the equity portion of a leveraged loan collateralized debt obligation. The size of the transaction has not been finalized and will depend on the appetite for the asset class, says Jeroen van Hessen, head of structured finance in The Hague. The loans are currently on NIB Capital's balance sheet and van Hessen says the bank is looking at all of its assets with a view to securitize them. The bank is aiming to complete another transaction by year-end. In future, NIB Capital will look to team up with asset managers to do collateralized debt obligations, but it wants to establish a track record first.