CLO investors agree to redemption following equity distribution gains

By Sayed Kadiri

Wednesday, May 02, 2012

Equity investors in a 2003 have sanctioned the redemption of the fund. Those equity investors that have been in place since the deal's inception appear to have benefited

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Comment by: Anonymous. Posted 11 years ago [2012-05-03 02:36:50]

Is there a projected IRR for the equity that incorporates an estimate of the liquidation proceeds? Even if the equity earns par through liquidation (highly unlikely), the IRR for the 9-year position may not hit double digits.

CLOs

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