CLO market welcomes 'favourable and surprising' revisions to talf, but issues remain

By Michelle D'souza

Tuesday, May 12, 2020

CLO participants are welcoming the 'many favourable and even pleasantly surprising' revisions to the term asset backed lending facility announced by the US Federal Reserve today to address previous concerns. This could help reignite the market, but some issues were not addressed

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TAGS: Regulation Structured credit CLO North America

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