JPMorgan Looks To $780 Mln In CLOs

12 Dec 2008

JPMorgan Chase is said to be looking to purchase up to $780 million of triple-A rated portions of collateralized loan obligations.

JPMorgan Chase is said to be looking to purchase up to $780 million of triple-A rated portions of collateralized loan obligations. According to a regulatory finding, JPMorgan, which wants pieces of CLOs managed by such firms as PIMCO and Babson Capital Management, as of last quarter owned some ...

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