Tagged with "clos"

CLOs Are The Biggest Buyers of Business Loans

Posted on June 10th, 2019 at 1:43 PM

Collateralized Loan Obligations or CLOs now are the biggest buyers of loans to non-investment grade businesses.  They hold about 60% of the debt of companies.  Buyers of CLOs include hedge funds, insurers, pensions, and other large investors.

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