CLO investor draws up solution to phase out ‘TriMark loopholes' but concept divides market

By Michelle D'souza

Tuesday, November 17, 2020

TriMark’s latest transaction has sparked widespread debate among the CLO community, with the borrower having joined Serta Simmons and BoardRiders earlier this year to aggressively amend its credit agreements. One CLO investor says it is working on industry-wide solutions to address the issue including adding concentration limits to CLO documentation 

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TAGS: CLO Tetragon North America

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