Third Colonnade global completed

Category: Capital Relief Trades CLOs


Previous Story       Next Story

PREMIUM CONTENT

Regular in-depth analysis, in addition to SCI’s usual news stories

To continue, you need to upgrade your subscription to access this article and all Premium content reports.

Existing Subscribers contact Tauseef Asri: ta@structuredcreditinvestor.com

Already registered?

Not yet registered? Join today to access SCI Content.

Barclays has closed its third Colonnade global significant risk transfer trade (SRT), Colonnade Global 2017-3 Financial Guarantee. In unusual fashion for capital relief trades the credit protection covers both principal and accrued interest.

The SRT transaction is a US$140m CLN that references a US$1.6bn corporate loan portfolio from thirty countries across the globe.

Already registered?

Not yet registered? Join today to access SCI Content.

-