CLN Non-LInear
- Struxly
- Sep 29, 2019
- 1 min read
Updated: Oct 2, 2019
Credit Linked Note.
A credit-linked note (CLN) is an interest-bearing debt security whose interest payments and repayment are contingent ("Tranched") on the reference entity.
Video template: Covers the key features of the product (Reference Entity, Credit Event, Tranches, Coupon and Capital Settlement).
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