What are leveraged loans? About five years ago in episode 205, we discussed a rather obscure asset class that goes by multiple names. The names include leveraged loans, syndicated bank loans, floating

The collateralized loan obligation (CLO) market is returning to a healthy issuance pace, after pausing briefly in the wake of regional-bank and Credit Suisse failures. However, jitters remain that further

New York-based firms Marathon Asset Management and Deerpath Capital Management have closed on over $900 million in new collateralized loan obligation offerings in recent weeks as demand for collateralized products

When it comes to financing a transaction, there are a variety of financial instruments available in the market including mortgages or overdrafts which consider the creditworthiness of the borrower.  However,

Given their higher relative yields, “built-in” risk protection and historical outperformance in periods of rising rates, now is a good time to better understand collateralized loan obligations (CLOs), how they’re

Over the past several years, CLOs within a core bond portfolio would have provided additional yield—without adding duration—as well as increased returns and lower volatility. Why do so many active

Securitized credit markets closed out 2022 with positive momentum that carried over into early 2023. Still, the past year was the most stressful period for securitized markets—outside of the global