Redding Ridge CLO trumps Volcker rule to secure 10% bond bucket

By Hugh Minch

Bond buckets have made a surprise early comeback in US CLOs, with Redding Ridge Asset Management issuing the first new issue, RR10, with a 10% allowance for secured high yield assets

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: High yield bonds CLO Primary market North America Redding Ridge

View details on CLO-i: RR 10