CLOs hold $600 million of bankrupt retailer Tailored Brands

By Michelle D'souza

Tailored Brands has become the latest US retailer to file for Chapter 11 as a result of the coronavirus-induced pandemic. 37 US CLO managers hold $588.9 million in term loans of the Houston-headquartered firm,

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TAGS: CLO LCM Carlyle Ellington Leveraged loans Default North America PGIM