Beneath the triple C: downgrade rate slows as $8 billion of CLO loans tumble

By Tanvi Gupta

May offered some respite to CLO portfolios as corporate downgrades to triple C were reduced heavily - affecting just $6.67 billion of US CLO paper and €1.09 billion of European CLO portfolios

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TAGS: Europe High yield bonds CLO CIFC CSAM Carlyle Golub Nuveen Leveraged loans Blackstone Performance Barings North America Assurant