Cryptocurrency Q&A What is a CLO in finance?

What is a CLO in finance?

Martina Martina Thu Nov 21 2024 | 5 answers 1508
I'm trying to understand what a CLO is in the context of finance. Could someone please explain what it stands for and how it works in financial markets? What is a CLO in finance?

5 answers

KpopStarletShineBrightness KpopStarletShineBrightness Sat Nov 23 2024
The pooled payments from these loans are then distributed.

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BusanBeautyBloom BusanBeautyBloom Sat Nov 23 2024
These payments are passed on to various classes of owners.

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ShintoMystical ShintoMystical Sat Nov 23 2024
The owners are categorized into different tranches.

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Nicola Nicola Sat Nov 23 2024
Collateralized loan obligations (CLOs) represent a unique type of securitization.

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Giulia Giulia Sat Nov 23 2024
In this financial structure, multiple middle-sized and large business loans are aggregated.

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