Turner said each post differed in its issues, difficulties and challenges, and she tailored the
CLO program accordingly.
Leveraged Finance manages seven
CLOs, a synthetic
CLO and a Credit Opportunity Fund, totaling $4.4 billion in assets.
These high
ClO measurements also confirm for the first time that CFCs -- contributing about two-thirds of the atmospheric chlorine--are largely responsible for the Antarctic ozone hole, notes Mark Schoeberl, an atmospheric scientist at NASA's Goddard Space Flight Center in Greenbelt, Md.
The transaction is the second
CLO ZCCP has completed in the last seven months, which has significant investment flexibility, including the ability to invest up to 50 percent of its assets in Caa-rated loans.
The average credit quality of the indicative portfolio is 'B+/B', which is comparable with recent
CLOs. Issuers rated in the 'B' rating category denote a highly speculative credit quality; however, in Fitch's opinion, the class X, A and B notes are unlikely to be affected by the foreseeable level of defaults.
By plugging in the observed levels of
ClO and other chemicals, researchers can use a model to calculate the ozone loss that would result from that distribution of chemicals.
The
CLO, GoldenTree Loan Management US
CLO 4 is the sixth to be issued under GoldenTree's GLM
CLO strategy, announced in January 2017, whereby GLM raised USD 600 million in commitments to invest in and manage
CLOs that were intended to be compliant with applicable Risk Retention regulations.
The
CLO's original secured notes will be refinanced in whole on the refinancing date from the proceeds of the issuance of new secured notes.
GoldenTree Loan Management (GLM) has announced it has closed an EUR 405 million collateralized loan obligation (
CLO) to be managed by GLM, the company said.
M2 EQUITYBITES-January 4, 2019-GoldenTree closes 2nd EUR 405m
CLO under GTM strategy
BANKING AND CREDIT NEWS-January 4, 2019-GoldenTree closes 2nd EUR 405m
CLO under GTM strategy