
HSBC and Babson close $502 million CDO
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.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Credit derivatives
Regulation
French regulator questions need for share trading equivalence
Esma’s reinterpretation ahead of Brexit reduces need for equivalence system, says AMF official
Receive this by email