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Funds
Charter flight company given marching orders
Monday, February 6, 2012
The biggest charter flight company for US military troops, Global Aviation, filed for chapter 11 bankruptcy on Friday.
The company declared $493 million in debt which it said was too high and this, along with high labour costs and too many airoplanes caused the company to file for bankruptcy.
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CFlux secondary
CLO index levels:
| Index | 21 May |
|
| CFlux USD AAA | ↑ | 96.2 |
| CFlux USD AA | ↑ |
88.3 |
| CFlux USD A | ↓ | 84.1 |
| CFlux USD BBB | ↓ | 75.3 |
| CFlux USD BB | ↓ |
74.1 |
| CFlux USD EQ | ↑ | 77.5 |
