Post-crisis Greek CLO emerges

Post-crisis Greek CLO emerges

Category: CLOs


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National Bank of Greece (NBG) has completed the first Greek SME securitisation since 2007. The transaction, Sinepia, will enable the bank to raise up to €300m of medium-term financing.

The senior tranches of the CLO were placed with the European Investment Bank, European Investment Fund and European Bank for Reconstructions and Development (EBRD).

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