Basic Premium

Review: The Reset of Madison Park Funding XLIV (44)

The recent pricing of Madison Park Funding XLIV (44) saw the deal’s liability notional downsized by around $79 million, from $908 million to $828 million. As a result, no class X and equity injection were needed. While the deal’s leverage has decreased marginally with this reset, its net interest margin is likely to improve with…

For existing premium subscribers, please log in here

If you like to find out more about premium subscription, please submit the form below:

You can unsubscribe from these communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

By clicking submit below, you consent to allow CLO Research to store and process the personal information submitted above to provide you the content requested.