Collateralized Loan Obligation

URI: https://gptkb.org/entity/Collateralized_Loan_Obligation
GPTKB entity
Statements (50)
Predicate Object
gptkbp:instanceOf structured finance product
gptkbp:abbreviation gptkb:CLO
gptkbp:composedOf leveraged loans
gptkbp:creditEnhancement subordination
excess spread
overcollateralization
gptkbp:currency gptkb:Euro
gptkb:US_Dollar
gptkbp:firstIssueDate 1980s
gptkbp:hasCouponType fixed rate
floating rate
gptkbp:hasIssuerType banks
insurance companies
asset managers
private equity firms
gptkbp:hasLegalStructure gptkb:public_company
gptkb:train
gptkbp:hasUnderlyingAsset syndicated loans
corporate loans
middle market loans
https://www.w3.org/2000/01/rdf-schema#label Collateralized Loan Obligation
gptkbp:investedIn institutional investors
gptkbp:issuedBy special purpose vehicle
gptkbp:managedBy collateral manager
gptkbp:maturation typically 7-10 years
gptkbp:originatedIn gptkb:United_States
gptkbp:purpose pooling loans and issuing securities
gptkbp:rating gptkb:Fitch_Ratings
gptkb:Moody's
gptkb:S&P_Global
gptkbp:regulates gptkb:Securities_and_Exchange_Commission
gptkbp:relatedTo gptkb:Collateralized_Debt_Obligation
Asset-Backed Security
gptkbp:riskTranching equity tranche
mezzanine tranche
senior tranche
gptkbp:subject credit risk
market risk
liquidity risk
prepayment risk
gptkbp:subjectOf gptkb:legislation
gptkb:Dodd-Frank_Act
academic research
Basel III regulation
gptkbp:usedFor diversification
risk transfer
yield enhancement
gptkbp:市值 over $1 trillion (2023)
gptkbp:bfsParent gptkb:CLO
gptkbp:bfsLayer 7