If history repeats itself, the best CLO play could be to hold equities

By Seth Brumby

Friday, April 17, 2020

After a futile scramble for liquidity, LyondellBasel filed for bankruptcy in the early morning hours of 6 January 2009. Bad luck for CLO managers that were holding the loan? Not at all

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TAGS: High yield bonds CLO Columbia Distressed debt Leveraged loans Default Performance North America

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