Clo Bonds

https://flatrockglobal.com/about-clo-equity - Collateralized Loan Obligations (CLOs) offer investors exposure to diversified, actively managed portfolios of senior secured loans, primarily from leveraged buyouts. These floating-rate, below-investment-grade loans provide long-term, favorable financing. CLO growth since the Global Financial Crisis is driven by strong performance and increasing private equity assets under management.