PGIM Pushes for AI Limits in CLOs to Avoid Too Much Exposure

PGIM Pushes for AI Limits in CLOs to Avoid Too Much Exposure

PGIM, the asset management arm of Prudential Financial Inc., was the anchor investor on a recent collateralized loan obligation that included a novel safeguard capping the share of its AI-related debt at 15%, according to people familiar with the mat...

PGIM, the asset management arm of Prudential Financial Inc., was the anchor investor on a recent collateralized loan obligation that included a novel safeguard capping the share of its AI-related debt at 15%, according to people familiar with the matter.
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Bloomberg — Markets (EN)




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