This structure issues debt and equity to purchase ... debt and have a higher propensity to default. However, many CLO tranches are structured with future defaults in mind and the CLO manager ...

There is plenty of uncertainty heading into 2025, and that's actually good for the U.S. collateralized loan obligation (CLO) ...

The following diagram presents a waterfall structure. For those unaware ... For example, a company might issue a CLO; the AAA tranche will receive cash flows before the BBB, limiting its default ...

To provide access to mezzanine and equity tranches of CLOs in an interval fund structure, in Q1 2025, Nuveen intends to convert the Nuveen CLO Opportunities Fund, currently an LP fund, to the ...