Global prices for bonds backed by leveraged loans are rallying from a short-lived, UK-centered selloff that’s changing investor perceptions about the $1.2 trillion collateralized loan obligation market.
In Europe, Ares Capital Corp. and OakTree Capital Group sold new CLOs this month, even as other debt markets, including junk bonds, have been largely moribund. New CLO sales since mid-September have topped €5 billion ($5.2 billion).
Volta Finance Ltd (LON:VTA) is a closed-ended limited liability company registered in Guernsey. Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis.
