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Three 2.0 CLOs placed on negative watch by S&P as defaults rise

Tuesday, August 30, 2016

Standard & Poor’s has placed three US CLO 2.0 tranches on negative watch in the last week, citing weakening credit quality and declining spreads in the deals’ underlying portfolios

TAGS: Invesco BNP Paribas AM Default Bain

View details on CLO-i: Avery Point II CLO BNPP IP CLO 2014-1 Limerock CLO II

Comment by: Anonymous. Posted 8 years ago [2016-08-31 13:21:34]

Rising defaults and tightening spreads - not a fun time to be a CLO manager (or investor of any kind).

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