Senior Secured Loans: Attractive current income coupled ...

in the capital structure and are typically unsecured. This can be meaningful. For example, over the last 29 years (between 1987-2015), the average debt recovery rate measured by ultimate recoveries for US SSLs was 80.4%, while for US High Yield bonds it 1was 48.8% on average . Additionally, SSLs are floating rate instruments, ................
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