2003 CLO gifts equity investors huge $28 million sum after liquidation

By Sayed Kadiri

Liquidation proceeds from a 2003 vintage CLO amount to 78% of the equity tranche original size

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Comment by: Anonymous. Posted 10 years ago [2013-09-05 23:46:02]

Good deal - it all went according to plan. Even the 2009 disruption of payments to equity are evidence of the CLO structuring performing as intended.