CLO managers want more flexibility in reinvestment, reports S&P

An increasing number of CLO managers are seeking to raise weighted average life test requirements in their deals as well as attempting to extend reinvestment periods, according to a report put out by S&P.

Comment by: Anonymous. Posted 12 years ago [2011-05-13 13:21:32]

What are the senior note holders getting in exchange for agreeing to this?