(Bloomberg) -- Morgan Stanley sold a $110 million
collateralized loan obligation that will help finance small
businesses in developing economies from Nicaraguan potters to
Peruvian shopkeepers.
The securities, which package loans and use the income to
pay investors, were bought by about 21 banks, hedge funds
insurance companies, money managers and mutual funds, Morgan
Stanley said today.
Read more at Bloomberg Bonds News
collateralized loan obligation that will help finance small
businesses in developing economies from Nicaraguan potters to
Peruvian shopkeepers.
The securities, which package loans and use the income to
pay investors, were bought by about 21 banks, hedge funds
insurance companies, money managers and mutual funds, Morgan
Stanley said today.
Read more at Bloomberg Bonds News
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