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Beneath the triple C: downgrade rate slows as $8 billion of CLO loans tumble
3 years ago
May offered some respite to CLO portfolios as corporate downgrades to triple C were reduced heavily - affecting just $6.67 billion of US CLO paper and €1.09 billion of European CLO portfolios -
BDCs tap bond market to improve funding mix
4 years ago
A plethora of business development companies have turned to the institutional bond market to refinance their debt.
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