Beneath the triple C: mighty CLO buckets from Akorns grow

By Tanvi Gupta

Rating agencies went on a downgrading spree in February, with Moody’s and Standard & Poor’s cutting 20 corporate names to triple C or below – affecting $2.78 billion of paper in US CLOs and €316.6 million in European CLOs. 

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TAGS: Europe CLO GoldenTree CIFC CSAM THL Leveraged loans Blackstone Performance North America

Comment by: Tanvi Gupta. Posted 4 years ago [2020-03-12 10:41:44]

Figures in the tables have been updated to reflect test results according to the latest trustee reports