OC health check: failures lift above 100 as five more deals breach senior test

By Tanvi Gupta

Monday, April 27, 2020

Another 116 CLOs have breached their overcollaterisation tests in the last week, according to the latest trustee reports on CLO-i. Out of this, five deals have failed OC tests for all classes – bringing the overall tally of deals that have breached senior OC tests to nine.

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TAGS: CLO Marathon Ellington Z Capital Performance North America Pretium Saranac Partners

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