call protection
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jul 26, 2021 by Doug Ostrover · across every show →
Everything said about call protection, oldest first
Jul 26, 2021 negative
Closed-End Credit Funds Suffer Adverse Selection From Early Refinancing
“The problem, if you think about it, think about the loans you make in years three and four. Usually they have a year or two years of call protection. A lot today have only a year. So what happens is if a company does well, they refinance you out. And so you ha…”