OC health check: US CLOs hit by new round of test failures

By Sam Robinson

135 deals breached an over-collateralisation test last week, 78 for the first time, according to the latest trustee reports from CLO-i.

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TAGS: CLO Zais Distressed debt Ellington Crescent Default Performance North America Five Arrows

Comment by: Sam Robinson. Posted 4 months ago [2020-05-26 17:46:26]

Thanks for pointing out the below, anonymous. This has now been updated to reflect Kcap Management is the manager of Kcap F3C Senior Funding.

Comment by: Anonymous. Posted 4 months ago [2020-05-26 17:33:35]

Please note KCAP F3C Senior Funding is not managed by Trimaran Advisors, but rather, its former BDC parent.