MOA unwinds could spell trouble for some ‘majority’ equity CLO holders

By Hugh Minch

US CLO risk retention is set to be redundant and it’s causing many investors to fret over whether their majority equity CLO stakes are still intact, or whether these have been deconstructed

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TAGS: Risk retention North america Clo

Comment by: Anonymous. Posted 2 months ago [2018-04-23 16:12:37]

Distributing CLO equity in-kind to fund investors not prepared to hold it sounds like a disaster!