Bain Capital CLO Tranche Defaults in Post-2008 First for Europe

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Bloomberg Markets 1 day ago • bloomberg.com

Bain Capital CLO Tranche Defaults in Post-2008 First for Europe

Part of a European collateralized loan obligation managed by Bain Capital has failed to repay investors in full, the first such default since an overhaul of the asset-backed securities more than a decade ago.

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