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

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

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

A collateralized fund obligation (CFO) is a form of securitization involving private equity fund or hedge fund assets, similar to collateralized debt ...

The transaction is referred to as “arbitrage” because it aims to capture the excess spread between the portfolio of leveraged bank loans (assets) and classes of ...

In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a ...

Jun 7, 2023 · Cash flows from the underlying loans of a CLO are used to pay interest on the debt tranches, and get distributed based on a “waterfall” whereby ...