OC health check: August reports slow torrent of fresh breaches to a trickle

By Sam Robinson

198 CLOs reported an over-collateralisation (OC) breach in August, only three of which were completely new breaches. This is a slowdown from July, when 230 deals suffered some kind of OC breach, according to the latest reports from CLO-i

 

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TAGS: Europe CLO Alcentra ICG Ellington Monroe GLG Barings Marble Point North America Five Arrows

View details on CLO-i: Babson Euro CLO 2014-2 Ellington CLO IV Jubilee 2014-XI Jubilee 2015-XV Man GLG Euro CLO IV Monroe Capital MML CLO 2016-1 MP CLO IV Ocean Trails CLO VI St Paul's CLO III-R