Attached a CLO White Paper which an illustrative diagram that demonstrates the key parties in a CLO....
Broadly syndicated loans to non-investment grade U.S. Corporations are widely misunderstood outside of the loan industry. A number of commentators imply that leveraged loans are shadowy corporate equivalents to pre-crisis sub-prime mortgages. This is clearly not true and, to respond to such conflations, the LSTA recently published this white paper addressing these views....
Part Three: Application of Blockchain Technology to the Loan Market....
Part Two: Smart Contracts....
Part One: General Considerations and Blockchain Primer....
LSTA issued a White Paper that discussed the importance of syndicated loans and CLOs to U.S. companies....

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