Ireland still 'favoured' securitisation destination

Category: CLOs Regulation


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Irish CLOs may see post-Brexit boost

The Central Bank of Ireland recently published figures stating that the total value of assets in Irish special purpose entities (SPEs) has fallen €58.9bn this year. While a striking number, this has little relation to the use of SPEs for securitisation and nor has it affected ongoing activity involving the acquisition and securitisation of portfolios of Irish non-performing loans.

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