RBS pseudo-nationalisation has negative implication for hybrids, says BNP
The Treasury's announcement that it will replace its £5 billion of RBS preference shares with new ordinary shares in the bank will have negative implications for hybrids, says BNP Paribas.
CLOs
- WAMCO keeps the resets rolling with rework of 2023 CLO 6 hours ago
- Elmwood resets 2021 vintage US CLO 6 hours ago
- Ares add new European CLO to its roster 6 hours ago
- Sona returns to debut CLO to draw-down single B tranche 6 hours ago
- Blackstone makes it three new European CLOs this year 7 hours ago
