Your Trusted 24 Hours Businext Service Provider !

Relatórios e análises

Relatórios e análises
By Wolf Richter, a San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience.
Leveraged loans,” extended to junk-rated and highly leveraged companies, are too risky for banks to keep on their books. Banks sell them to loan mutual funds, or they slice-and-dice them into structured Collateralized Loan Obligations (CLOs) and sell them to institutional investors. This way, the banks get the rich fees but slough off the risk to investors, such as asset managers and pension funds.
Also this week, New York Life is selling the top-rated tranche of a CLO at a spread of less than 100 bases over Libor. And Palmer Square Asset Management sold a $510-million CLO at a similar premium over Libor. In the secondary markets, where the CLOs are trading, red-hot demand has already pushed spreads below 100 basis points. These are the lowest risk premiums over Libor since the Financial Crisis.

3 Comments

  1. Edna Watson
    janeiro 6, 2018 at 3:23 am

    A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine. I am so happy, my dear friend, so absorbed in the exquisite sense of mere tranquil.

    1. Owen Christ
      janeiro 6, 2018 at 3:25 am

      Working with @businext is like having a family member who can fix everything. They know what you need, exactly when you need it.

  2. Scott James
    janeiro 6, 2018 at 3:24 am

    A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine. I am so happy, my dear friend, so absorbed in the exquisite sense of mere tranquil.

Deixe uma resposta para Scott James Cancelar resposta

O seu endereço de e-mail não será publicado. Campos obrigatórios são marcados com *