Barely one-quarter of CLOs own TXU as it goes into bankruptcy

CLOs have steadily sold loans from the former TXU (now known as Energy Future Holdings) ahead of the energy company's widely expected bankruptcy filing yesterday

Comment by: Mike Peterson. Posted 9 years ago [2014-04-30 16:57:34]

In reply to the comment below, the average sale price for Texas Competitive loans by CLOs in March was 69.85, according to CLO-i.

Comment by: Anonymous. Posted 9 years ago [2014-04-30 15:43:37]

It would be interesting to see the average sales price vs. today's market price.