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US loan trading: McDermott downgrade leads to CLO outflows as managers board rail road firm
4 years ago
US freight railroads operator Genesee & Wyoming allocated its $2.55 billion term loan in November, making it the most popular issuer in the month. And CLO managers were sceptical of the outlook for McDermott Technology - signalled by $185.9 net outflows - after Moody's downgraded its corporate family rating from B3 to Caa2 -
Ohio pension fund assigns $50 million to distressed debt
5 years ago
Ohio School Employees Retirement System has awarded $50 million to a distressed debt fund managed by GoldenTree Asset Management
2 results found Showing page 1 of 1
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