Three defaults mean CLO OC ratios to decline by 17bp in September, says BofA

By Hugh Minch

Thursday, August 25, 2022

CLO overcollateralisation ratios are set to decline by 17 basis points in September following the defaults of Cineworld, Endo and Carestream health, according to a research paper from Bank of America

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TAGS: Research CLO BofA Leveraged loans North America

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