Direct lending securitisation faces barriers


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Tuesday 12 September 2017 16:07 London/ 11.07 New York/ 00.07 (+ 1 day) Tokyo

Category: CLOs

Lines of credit to European direct lending firms, which borrow from banks and typically lend to middle-market firms, could be ripe for securitisation. However, the securitisation of these funding lines would bring added regulatory scrutiny and rating agency involvement, which would not be welcomed by all corners of the direct lending industry.

David Quirolo, partner at Cadwalader, Wickersham & Taft, ...  showing 60 out of 613 words of this article

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Direct lending securitisation faces barriers