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Collateralized loan obligations (CLO) are securities backed by a pool of financial debt, typically financial loans to organizations with small credit score ratings or private equity firms.
Lenders impose bigger credit score specifications on borrowers to reduce the prospect of default. Non-recourse financial loans, on account of their better threat, carry bigger curiosity costs than recourse financial loans.
In collaboration with Project Coordinators, assist in periodic overview and preparation of revised project budgets by examining the proposed variations to project budgets and making sure that they are in line with donor anticipations;
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