TRLPC: Carlyle CLO twice raises rate paid as spreads fail to tighten
January 21, 2016 at 13:55 PM EST
NEW YORK, Jan 21 (Reuters) - A Collateralized Loan Obligation (CLO) managed by the Carlyle Group increased for the second time the rate it must pay to some of its most-senior investors, about 31 months after it was issued with the intention of being refinanced before the spread rose.