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ELFA Releases Guidance to Avoid Non-ESG Loans

New advice for collateralised loan obligations managers aims to help investors steer clear of loan packages that include problem areas.

The European Leveraged Finance Association (ELFA) has launched its ESG Exclusion Checklist for Business Activities, designed to streamline the negative screening and exclusion process for managers of collateralised loan obligations (CLOs). ELFA said the checklist, which is open to consultation, was designed to act as a tool to increase efficiency in…

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