TITLE

High Prepayment Rates Plague CLOs

AUTHOR(S)
Kantin, Kerry
PUB. DATE
August 2005
SOURCE
Investment Dealers' Digest;8/8/2005, Vol. 71 Issue 31, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the problems encountered by fund managers because of the bullish leveraged loan market in Europe. Concern of managers on high prepayment rates; Decision of Babson Capital Europe Ltd. to extend the maturity of its Duchess I collateralized loan obligations by four years; Significance of the move of the company on solving the problem on high prepayment rates.
ACCESSION #
17862867

 

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