Banc of America Securities recently launched its 11th Structured Enhanced Return Vehicle Securities (SERVES), a synthetic securitization product that references a portfolio of senior-secured bank loans managed by Stein Roe & Farnham Inc.

The firm has arranged a $306.3 million SERVES trust and placed $51 million of SERVES notes and certificates with institutional investors

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.