CLO call gives European fund manager a 30 point windfall

By Sayed Kadiri

Thursday, July 25, 2013

A CLO fund manager has revealed that one of its debt investments had been called last month having been marked at 70.35%

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: CLO

Comment by: Anonymous. Posted 10 years ago [2013-07-26 00:58:41]

While nobody gets fired for having an unexpected 30-point gain, there must be a trader somewhere who owes his/her boss an explanation.

Related Stories

CLOs

more stories...