BDC sells four control CLO positions and takes losses

By Sayed Kadiri

A BDC has been a big seller of controlling CLO equity in recent months and regulatory filings show that in disposing of certain CLOs, the business development company has realised losses.

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: BDC Prospect

View details on CLO-i: Babson CLO 2011-1 Babson CLO 2012-1 Babson CLO 2012-II Galaxy XII CLO