Hidden loan tail risks and mounting single B exposure could pose problem for CLOs: Barclays

By Dan Alderson

Friday, April 08, 2022

A solid rally for leveraged loans this week - against returning weakness in bonds - has put focus back on the market, which seemingly has little tail risk priced in. But short term support factors and a dwindling triple C bucket mask the quality skew, warn Barclays strategists in a note today - which could spell downgrades for single-B minus rated loans

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TAGS: Europe Research Structured credit CLO Barclays Leveraged loans Default North America

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