OC health check: all quiet on the overcollateralisation front

By Sam Robinson

Eight US broadly syndicated loan CLOs reported overcollateralisation test breaches last week during a quiet reporting period in which only 40 CLOs published a trustee report, according to CLO-i, but focus is turning to the swathe of CLO distributions coming due.

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TAGS: Europe CLO Bardin Hill WhiteHorse Black Diamond Axa IM North America