GSO Seeks Tax Protection Through Amendment

GSO Debt Funds Management has amended three of its collateralized loan obligations to allow it to hold equity received in connection with restructured loans.

  • 17 Mar 2010

--Olivia Thetgyi

GSO Debt Funds Management has amended three of its collateralized loan obligations to allow it to hold equity received in connection with restructured loans. The amendments would allow CLOs to create subsidiaries, something the vehicles are not typically allowed to do because the activities of the subsidiaries ...

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