المدربA collateralised loan obligation (CLO) is an SPV that holds an actively managed, diversified portfolio of leveraged loans and funds it by issuing rated notes of decreasing seniority and unrated equity. Its payment waterfall is the order, fixed in its documents, in which the cash collected from the loans is paid out on each payment date.
Quantitative Finance · المسرد
ما معنى Collateralised loan obligation, payment waterfall؟
يُعرف أيضًا باسم: collateralised loan obligation · payment waterfall