ow-clo-risk-retention-study-final-11-18-2013-preview

Oliver Wyman Study on Risk Retention and CLOs: This study estimates the probable impact of risk retention on CLOs, and the subsequent reduction in availability of credit and increased cost of credit for non-Investment grade U.S. borrowers.

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ow-clo-risk-retention-study-final-11-18-2013.pdf

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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…