Bannier, Christina E.; Hänsel, Dennis N. - Fachbereich Wirtschaftswissenschaft, Goethe … - 2006
This paper provides new insights into the nature of loan securitization. We analyze the use of collateralized loan obligation (CLO) transactions by European banks from 1997 to 2004 and try to identify the influence that various firm-specific and macroeconomic factors may have on an institution's...