Beneath the triple C: cinemas get clipped but default picture improves

By Tanvi Gupta

Thursday, November 12, 2020

14 corporate debt issuers were downgraded to triple C or below in October by Moody’s or Standard & Poor’s – hurting $3.15 billion of US CLO loans, €761.73 million of European CLO portfolios and $37.95 million of middle market CLOs loans, according to CLO-i. Cinema chains were among those to suffer last month

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TAGS: Europe CLO Secondary market Leveraged loans North America Round-up

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