BlueMountain Closes on $361M CLO

Colter, Allison Bisbey
August 2011
High Yield Report;8/22/2011, p2
The article discusses the collateralized loan obligation (CLO) managed by BlueMountain Capital Management including the recently closed 361 million U.S. dollars BlueMountain CLO 2011-1. It notes that this is the fourth brought to market and the first since the financial crisis. CLO issuance for 2011 is 8 billion U.S. dollars as analysts reconsider their forecast for full-year issuance. It refers to CLOs as an attractive and diversified means for investors' exposure to the corporate loan market.


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