Meanings of collateralized loan obligation in English

In its order the SEC accused KCAP of valuing certain collateralized loan obligation investments at cost.

Collateralized Loan Obligation (CLO) funds are also buying and demand for US floating rate assets is increasing abroad.

The firm is looking to buy individual loans for the first time, in addition to its current holdings of Collateralized Loan Obligation funds.

Asset coverage rules for BDCs are far more restrictive compared to other lending vehicles, including traditional banks as well as Collateralized Loan Obligation funds.

The deal will also be rated, which is likely to further buoy institutional demand for the paper, including from Collateralized Loan Obligation (CLO) funds.

Second-lien debt is attracting institutional investors outside of Collateralized Loan Obligation (CLO) funds, especially from firms that can buy both high-yield bonds and loans.

Collateralized Loan Obligation creation is on track for more than US$80bn this year after some estimates put the earlier total at around US$50bn.