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If history repeats itself, the best CLO play could be to hold equities
4 years ago
After a futile scramble for liquidity, LyondellBasel filed for bankruptcy in the early morning hours of 6 January 2009. Bad luck for CLO managers that were holding the loan? Not at all -
CLO manager makes whopping $32.8 million quarterly equity distribution
8 years ago
Working out is good for you: a CLO manager has made equity-like returns thanks to two defaulted loans
2 results found Showing page 1 of 1
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