Collateralised Loan Obligations (CLOs)

Walkers and Walkers Fiduciary Services Collateralised Loan Obligation (CLO) team offers multi-jurisdictional advice on CLO transactions.

  • We advise arranging banks, sponsors and asset managers on all aspects of their structured and CLO transactions through one integrated legal and fiduciary business.
  • We have been active in the CLO and securitisation market since its inception. We are recognised as a leader by clients, peers and partners in the legal, financial and asset management industries.
  • We have been instrumental in introducing new legal technology to CLO deals covering a wide range of asset classes.
  • We have specialist middle market CLO and Trust Preferred (TruPS) CLO teams.
  • We work closely with our Investment Funds team on finance transactions involving Cayman Islands credit funds.
  • We offer efficient and cost-effective turnaround of transactional documentation.

Walkers acted on the first public CLO 2.0 deal (post the credit crisis) to reopen the U.S. market. Our representative clients include:

  • Benefit Street Partners
  • Carlyle Investment Management
  • Marathon Asset Management 
  • Oak Hill Advisors
  • Oaktree Capital Management
  • Wellfleet Credit Partners

Our CLO team have advised on many other CLO deals for asset managers and on private CLO transactions, total return swaps (TRS)/Repos and warehouse investment structures.

Our specialist Restructured Products team (comprising lawyers from our Structured Products Group and Insolvency & Dispute Resolution teams) is able to devise mechanisms to release value from distressed assets, particularly on pre-crisis transactions.