CLO manager talks equity investors into scrapping planned redemption

By Sayed Kadiri

Tuesday, June 18, 2013

Equity investors have back-tracked on their bid to redeem a 2004 - with an EOD thought to have been weighing on their minds

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Comment by: Anonymous. Posted 10 years ago [2013-06-18 23:28:17]

Is it not possible to get a bridge loan for a CLO redemption of this sort? The loan amount would repay debt holders at par. All that entails is that the estimated value of collateral should be comfortable above this loan amount.

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