Tagged with "debt"

CLOs, The Biggest Buyers of Business Loans

Posted on May 31st, 2019 at 5:23 PM
CLOs, The Biggest Buyers of Business Loans

Collateralized loan obligations or CLOs are now 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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