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...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: rhbnomura

Print Edition

FinanceAsia Print Edition

EVENTS