CLO Deals Are Booming Even When the Math Says They Shouldn’t
In the $1.3 trillion market for collateralized loan obligations — where money managers sell bonds to finance buying pools of buyout loans — ugly math used to kill a deal.
By Rachel Graf, Scott Carpenter · Bloomberg Markets
In the $1.3 trillion market for collateralized loan obligations — where money managers sell bonds to finance buying pools of buyout loans — ugly math used to kill a deal.