S&P puts US CLOs on negative watch including seven failing triple C test
Standard and Poor’s put focus on the recent volatility by placing tranches in 15 US CLOs on a negative watch for having large exposures to energy related sectors such as oil and gas, consumable fuels and commodities. In total, 25 tranches have been affected by this.
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.
Related Stories
- Canadian giant PSP to deploy CAD 6bn to IG private credit 2 hours ago
- Sound Point hires former Alcentra president as CFO steps down 5 hours ago
- Neuberger Berman reissues 2019 US CLO 6 hours ago
- Paradigm shift in US economy lessens likelihood of tariff-induced recession – Sound Point’s Stephen Ketchum 13 hours ago
- Golub reset of middle market CLO employs complex capital structure 2 days ago
CLOs
- Sound Point hires former Alcentra president as CFO steps down 5 hours ago
- Neuberger Berman reissues 2019 US CLO 6 hours ago
- Golub reset of middle market CLO employs complex capital structure 2 days ago
- Napier Park prints its third reset of the year 3 days ago
- AMMC reprices 2020 CLO for the third time 3 days ago