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  • Past returns: KKR’s unusual CLO liquidation
    Five years ago in Creditflux, we reported that junior debt investors in a KKR-managed European CLO voted to alter the deal’s documentation so they could drive a liquidation of the legacy deal, such that they would receive roughly 92% of par

    2 years ago
  • Points up front: zombie managers near extinction
    The long-term nature of CLOs means the market tends to have a large number of zombie managers, those with one or two deals outstanding but no plans for future issuance. However, a spate of redemptions, especially in Europe, has swept away some of the ghostly deadwood.

    6 years ago
  • Points up front: dying question
    The delicate reason, why it may not be possible to call a CLO..

    6 years ago

3 results found Showing page 1 of 1

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