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What's Up (CLO) Docs?
Not only do investors have to master the collateral in a CLO transaction, they have to master its documentation as well. Stephen Anderberg, Tim Walsh, and Jeff Burton from the CLO team discuss the negotiations between equityholders, prospective 'AAA' noteholders, and the CLO manager--which are played out in these documents--over structuring a deal.
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By S&P Global Ratings
5
22 ratings
Not only do investors have to master the collateral in a CLO transaction, they have to master its documentation as well. Stephen Anderberg, Tim Walsh, and Jeff Burton from the CLO team discuss the negotiations between equityholders, prospective 'AAA' noteholders, and the CLO manager--which are played out in these documents--over structuring a deal.
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