Five Things Investors Should Know About Lynn Tilton’s CLO Deals
- Thursday, April 7, 2011, 1:45
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The Indentures for Lynn Tilton’s CLOs are generally not available to the public because the securities she sells are designed strictly for “Qualified Institutional Buyers” or QIBs. That’s Wall Street jargon for big institutions that can easily afford and presumably understand these sophisticated notes, which carry minimum denominations of $1 million.
http://blogs.forbes.com/investor/2011/04/06/fiv-things-investors-should-know-about-lynn-tiltons-clo-deals/
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