S&P's softer stance on recovery rates leads CLO manager to update docs

By Sayed Kadiri

Monday, November 03, 2014

A large credit manager has revamped the docs for its 2012 CLO in order to factor in S&P's new recovery rate scoring system

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TAGS: GoldenTree

View details on CLO-i: GoldenTree Loan Opportunities VI

Comment by: Anonymous. Posted 9 years ago [2014-11-03 23:54:45]

Has anybody been rude enough to ask S&P why it's loosening its standards to win back business? Wasn't there a problem with that practice?

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