Beneath the triple C: ebbs and flows leave triple C levels at a temporary stasis

By Sam Robinson & Tanvi Gupta

Thursday, July 07, 2022

Following a rising tide of downgrades in May the loan market stabilised somewhat in June, with seven issuers held by CLOs downgraded to triple C and a counter-swell of five names upgraded to single B.

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TAGS: Europe CLO Distressed debt Leveraged loans North America

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