Collateralised loan obligations, once abundant before the 2008 financial crisis, are having a resurgence as the economic slowdown compels borrowers to seek out new sources of liquidity, DBRS Morningstar said Monday.
In a new report, the financial analysis firm said about a third of commercial real estate deals were refinanced in 2020, and that the bulk of these deals were packaged into collateralised loan obligations.
Volta Finance Limited (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.