Collateralized loan obligations (CLOs) are a form of securitization where payments from multiple middle sized and large business loans are pooled together ...

A collateralized debt obligation (CDO) is a type of structured asset-backed security (ABS). Originally developed as instruments for the corporate debt ...

Asset-backed security · Tranche · CDO-Squared

A collateralized mortgage obligation (CMO) is a type of complex debt security that repackages and directs the payments of principal and interest from a ...

Collateralized loan obligations (CLO) are securities backed by a pool of debt, usually loans to corporations with low credit ratings or private equity ...

What Are Tranches? Definition... · Leveraged buyout (LBO) · Securitization

With balance sheet CLOs, the issuer securitizes the bank loans (middle market or broadly syndicated) off its balance sheet into an SPV, for the purpose of ...

Dec 7, 2023 · Explaining the structure and investor-friendly features of collateralized loan obligations, an often misunderstood sector of structured ...

Jan 18, 2022 · Collateralized loan obligations (CLOs) are robust, opportunity-rich debt instruments that are well established in financial markets.

This paper investigates how covenants, intrinsic to Collateralized Loan Obligation (CLO) indentures, may amplify idiosyncratic shocks, imposing negative ...