BNP Paribas AM claims debtholder agreement means US CLO 'default' was avoided

By Sayed Kadiri

BNP Paribas Asset Management has disputed the downgrade to D, by S&P Global, of two junior debt tranches in its 2014 US CLO known as BNPP IP CLO 2014-1

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TAGS: CLO BNP Paribas AM Performance North America