Note on the Leveraged Loan Market
This note provides an introduction to the process of loan syndication and the evolution of the leveraged loan market. The note emphasizes the role of banks as loan originators and the evolution of the institutional investors' entry into the leveraged loan market. In particular, the note discusses the role and incentives of collateralized loan obligations (CLOs).
Collection: HBSP (USA)
Ref: HBS-214047-E
Format: PDF
Number of pages: 19
Publication Date: Oct 28, 2013
Language: English
Review date: Nov 29, 2018
Description
This note provides an introduction to the process of loan syndication and the evolution of the leveraged loan market. The note emphasizes the role of banks as loan originators and the evolution of the institutional investors' entry into the leveraged loan market. In particular, the note discusses the role and incentives of collateralized loan obligations (CLOs).
Read more
Leave your rating
"Note on the Leveraged Loan Market"
Register for free with IESE Publishing and enjoy all the advantages
What type of account do you want to create?
Choose account type
Professors
Academic Institutions
Companies
Individuals