CLOs at risk of failing WAS tests due to loan refi wave, finds JP Morgan

 Some CLOs could be at risk of failing their weighted average spread tests or could be at risk of a refi or reset due to a forthcoming refinancing wave in the loan market, according to new research from JP Morgan

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: JP Morgan Refinancing Research CLO Performance North America