Beneath the triple C: $31.6 billion of CLO credits feel downgrade pain
March madness took a toll on CLOs as Moody’s and Standard & Poor’s downgraded 4.25% of the portfolios in the US and 1.84% in Europe to triple C or below in just one month (some of these were already triple C rated, only to fall further).
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would you be able to provide the entire list including all US CLO mgrs?
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Comment by: Tanvi Gupta. Posted 4 years ago [2020-04-09 09:38:56]