Welcome to FINARC's News selection
Basically, a CLO is a bundle of loans that is sliced into what are called tranches, which are ordered by repayment preference, and thus, risk. AAA tranche buyers get paid first, then AA, and so on, and if there’s money left at the end of the debt tranches, it goes to investors who bought the equity tranche.
< Prev | Next > |
By Jack Hough
* * *
You may expand your research on this subject, by using the "Search this site ..." option, and easily access all available related articles.
Users of FINARC's News selection need to register (access is free of charge).
Create your account and become a Registered User by selecting your own ID and Password.
Registered Users advantages:
- Access, by a simple click, FINARC's selection of insightful NEWS' daily articles
- all available articles, on the "Market", "Economic" and "International" NEWS' sections.
- View a complimentary issue of the INFERENTIAL FOCUS, a unique financial publication available on a subscription basis.
(Online Subscription will be available in a few weeks). - . . .