TITLE

How Low Can They Go?

AUTHOR(S)
Kantin, Kerry
PUB. DATE
April 2006
SOURCE
Investment Dealers' Digest;4/24/2006, Vol. 72 Issue 16, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Report
ABSTRACT
The article reports on speculations that the steady stream of leveraged loan repricings cannot persist much longer. One of the reasons cited for the trend is that it is not clear if investment vehicles like collateralized loan obligations can continue purchasing leveraged loans at spreads much tighter than this. In addition, expectations are mounting that could put an end to the arbitrage that fuels these vehicles.
ACCESSION #
20634370

 

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