Standard Chartered's December collateralised loan obligation (CLO), thought to be the first publicly sold deal in Asia since the crisis was in swing - has proved popular with investors, suggesting that credit risk appetite is returning to the region and investors are losing their fear of synthetic transactions. The deal was a balance sheet transaction for Standard Chartered.
"It was oversubscribed, which is always encouraging," said Matthew Hebburn, partner at Allen & Overy in Hong Kong. "For CL
The week on Risk.net, June 16–22, 2017Receive this by email