FRN CLOs of cov-lite corp loans

P Singh
Dec 21, 2016
1 min read

Dec 2016: CLOs by Oaktree and Octagon. Mostly US corporate floating rate loans that are cov-lite but senior secured. Pre-sales here and here

2014: Richmond Park CLO was comprised mostly of senior secured corporate loans and had a ramp-up period in which the CLO manager could acquire further loans. Details here

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