Loan manager looks to buy secondary CLOs, reports Bloomberg

Friday, May 01, 2009

Boston-based loan manager Sankaty Advisors, which is owned by Bain Capital, has circulated a list of 51 CLO positions it wants to buy

Comment by: Anonymous. Posted 15 years ago [2009-05-08 00:57:06]

i think they are doing it to retain control of and EOD, bearing in mind they hold the equity in most of their deals

Comment by: Anonymous. Posted 15 years ago [2009-05-05 14:36:22]

Similar lists from Ares and Goldentree followed this one.

Comment by: Anonymous. Posted 15 years ago [2009-05-01 17:52:00]

From what I've heard they are actually looking to buy - this is not a pricing exercise. We shall see...

Comment by: Anonymous. Posted 15 years ago [2009-05-01 11:49:46]

yup. it is cash.

Comment by: Anonymous. Posted 15 years ago [2009-05-01 10:07:26]

can someone confirm this is a cash owic not a cds owic?

CLOs

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