Examples of CLO Notes in a sentence
Figure 2.1 - Asset allocation December 2020 asset allocation June 2021 asset allocationBB rated CLO Notes, 17% B Rated CLO Notes, 13% B rated CLO Notes, 12% Subordinated Notes, 71% Subordinated Notes, 87% The portfolio has continued to add risk, taking profits on CLO mezzanine investments completed in April-May 2020, and adding exposure to CLO subordinated notes which, as a percentage of NAV, have increased from 71% of the portfolio at the end of 2020, to 87% in June 2021.
The listing or inclusion fee for Warehouse CLO Notes amounts to EUR 1,700 per ISIN.
As a result, over the 18 months banks will have to divest, or attempt to orchestrate the restructuring of up to$70 billion of CLO Notes.
The CLO Notes mature on December 20, 2019.In July 2007, we received a long-term issuer rating of Baa3 from Moody's Investor Service and a long-term counterparty credit rating from Standard & Poor's Ratings Service of BBB, which we believe will provide access to broader financing sources and further diversify our capital raising alternatives.
The blended pricing of the CLO Notes, excluding fees, is approximately 3-month LIBOR plus 34 basis points.
On each date (each, a “Ramp-up Date”) during the term of this Confirmation on which the CLO Issuer increases the aggregate outstanding principal amount of the CLO Notes, subject to prior notice from the Seller to the Buyer of the occurrence of the relevant Ramp-up Date, the parties shall enter into an additional Series Transaction with respect to which the Purchased Securities will be the CLO Notes to the extent of such increase and for which the Purchase Date will be the Ramp-up Date.
They mandated issuers to retain the credit risks when placing the CLO Notes and abolished the loan to distribute strategy which had become common in the pre-crisis period.
Distributions on the CLO Notes, by way of interest payments, are payable on a quarterly basis on dates established in the formation documents of the CLOs. As at 31 December 2018 and 31 December 2017, BGCF had no exposure to CLOs held as a vertical strip (as defined in the Company’s Investment Strategy) SubsidiariesBGCF has acquired the majority, or all, of the CLO Income Notes issued by a number of European CLO issuers.
It is now anticipated that monitoring of the data will occur prior to winter 2016 / 17.3. Work to remove the existng preheating technology (Boilerhouse and Heat exchanger) will only be carried out once the Bruest hotcats have proven to be reliable.
No Acquired Company is, in the case of any CLO Entity or Legacy CLO Entity, (i) required under any United States or European Union Law applicable to either it or to any CLO Entity or Legacy CLO Entity or (ii) obligated under any agreement, risk retention letter or other agreement to which it or any CLO Entity or Legacy CLO Entity is party, to retain or hold any CLO Notes as a risk retention interest.