Manager's parent benefits as 2014 CLO pays 40% annualised

By James Harvey

A 2014 CLO makes its first payment to equity, after paying down class X noteholders in May

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TAGS: LCM Tetragon

View details on CLO-i: Lcm xv

Comment by: Anonymous. Posted 3 years ago [2014-09-02 15:27:03]

Considering there was no first payment to the equity, this payment should be considered as 20% annualised.