Large Banks Take Interest In CLOs On Secondary MarketMani
Sensing a continuing rise in collateralized loan obligations (CLOs), several large banks took subordinate positions in them on the secondary market, notes Asset Backed Alert (ABAlert.com). In its weekly update on worldwide securitization dated May 20, 2016, Asset Backed Alert said it doesn’t expect issuers of asset-backed bonds to continue churning out deals at a faster pace.
DB, GS, MS behind recent CLOs purchases
Citing sources, the Asset Backed Alert points out that large banks, including . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat