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You work in the structured credit group at a major investment bank. You are responsible for moving 200 individual high-yield (levered) loans off the banks
You work in the structured credit group at a major investment bank. You are responsible for moving 200 individual high-yield (levered) loans off the bank’s balance sheet and selling them to interested investors. Describe how you might create a Collateralized Loan Obligation (CLO). Please label the tranches in order of risk tolerance.
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Creating a Collateralized Loan Obligation CLO consists of several steps and requires thorough understanding of the financial market risk management an...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
