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      UBS Finds Liquidity In Private Markets With Insured Debt Play

      UBS Group (NYSE:UBS) is consolidating its holdings across eight private credit funds into a debt offering, backed by an insurance guarantee against default.

      Through its money management division, Unified Global Alternatives, UBS plans to issue $500 million in securities, of which $375 million will be protected by the unnamed insurer to mitigate default risk. 

      This structure secured an A2 rating from Moody's Ratings, Bloomberg reported. Conversations are still ongoing and details could change, unnamed sources told the publication.

      Unlocking Cash From Hard-To-Sell Investments

      The trend of securitization reflects broader market shifts, as private equity firms grapple with slower exits ...

      Full story available on Benzinga.com


      Source: Benzinga
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud