Stephen Olentine, head of product marketing for global structured credit products at HSBC, said: “In this tight spread environment, CDO investors across the globe are demanding high-quality portfolios managed by the very best firms. The participation rate by investors on the Maple Hill roadshow was the highest we have ever seen, and reflects the strength of the Babson Capital credit team.”
Tranches were placed with investors from North America, Europe, the Middle East, Australia and Asia. There were 12 issues in swaps and credit-linked notes, with fixed and floating coupons in euros, and in US, Hong Kong and Australian dollars.
The week on Risk.net, August 19-25, 2016Receive this by email