Elusive equity investors thwart Octagon's plans to rejig 2013 CLO

By James Harvey

Octagon Credit Investors has cancelled its planned reset of a 2013 CLO, according to an investor notice

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TAGS: Risk retention Citi Octagon

View details on CLO-i: Octagon Investment Partners XV

Comment by: Anonymous. Posted 7 years ago [2016-10-20 15:28:54]

Odd that there's no way to flush out equity holders - it's as if CLO equity is issued in "bearer bond" format!