Carlyle, BlackRock Buy Cheap Software Loans to Boost CLO Profits

As managers of collateralized loan obligations sell a rash of bank loans seen as vulnerable to AI, some buyers are seeking to pry profits out of a market that’s been...

By Scott Carpenter, Amedeo Goria, Rachel Graf · Bloomberg

As managers of collateralized loan obligations sell a rash of bank loans seen as vulnerable to AI, some buyers are seeking to pry profits out of a market that’s been squeezed by rock-bottom margins for over a year.