RHB refines Malaysian CLO product

Prima Uno CLO raises M$950 million from a diverse basket of Malaysian loans.

RHB Investment Bank is arranging a loan securitisation to raise funds for a group of 33 Malaysian companies with middling credit ratings and modest funding needs û companies that cannot usually raise funds in MalaysiaÆs capital markets.

By joining forces to structure a primary collateralised loan obligation CLO, the companies are able to put together a chunkier deal with an enhanced credit rating a five-year M$950 million $260 million issue comprising of three AAA-rated senior tranches, a AA...

To continue reading, please login or register for free

Click for more on: rhbnomura

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...