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Points up front: Revlon repayment was Bad Day at the office
3 years ago
Making light of a situation is a good coping mechanism when things don’t go as expected. The Revlon loan repayment saga has underlined this with court filings revealing how CLO portfolio managers reacted to what Citi purported was a ‘mistaken’ $900 million paydown of Revlon loans -
Enhanced CLOs are no more enhancing than run-of-the-mill distressed funds
5 years ago
Triple C-heavy CLOs that try to time the market may be paying for options they never use
2 results found Showing page 1 of 1
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