Travers Smith advises Numis on US$69 million placing and offer for subscription by Fair Oaks Income Limited
Travers Smith LLP has acted for Numis Securities Limited in its capacity as placing agent and sole bookrunner on the US$69 million placing and offer for subscription of C shares by Fair Oaks Income Limited ("FOIL"), an investor in US and European CLOs, and other vehicles which provide exposure to high-yielding floating rate senior secured loans.