EBRD lends weight to Greek push

EBRD lends weight to Greek push

Category: CLOs


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The EBRD is investing up to €50m in the senior notes of a Greek SME CLO dubbed Alpha Proodos. The underlying loans in the asset pool are originated by Alpha Bank of Greece.

The securitised pool will have a one-year revolving period. The total CLO size is expected to be €640m, split between €320m in senior notes and €320m in mezzanine and junior notes.

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