Printer Friendly
The Free Dictionary
989,469,457 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Collateralized loan obligation

   Also found in: Acronyms 0.01 sec.
Collateralized loan obligation (CLO)
A security backed by a pool of commercial or personal loans , structured so that there are several classes of bondholders with varying maturities, called tranches. Similar in structure to Collateralized Mortgage Obligations.

?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Primus CLO I, which is managed by the company's Primus Asset Management subsidiary, is a $400 million collateralized loan obligation primarily composed of leveraged loans.
Stedman is a synthetic collateralized loan obligation (CLO) that closed on June 29, 2005 and provides investors leveraged exposure to a diversified portfolio of high yield senior loans utilizing a total rate of return swap with Citibank, N.
Stedman is a synthetic collateralized loan obligation (CLO) that closed on June 29, 2005 and provides investors leveraged exposure to a diversified portfolio of high yield senior loans utilizing a total rate of return swap with Citibank, N.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.