More than $800+ billion in leveraged loans has been packaged into CLOs worldwide. That makes CLO funds a major force in today’s structured credit landscape. Collateralized Loan Obligation funds provide investors a opportunity to allocate to a basket of senior secured first lien leveraged loans. CLOs use securitization to split loan cash flows into rated tranches and a equity residual. …
Credit Spread Dynamics And Their Effect On CLO Bonds








