Beneath the triple C: US CLOs take a dip in the triple C as Europe watches from the sun lounger
The US CLO market bore the brunt of downgrades to triple C in July and August, with a total of $6.22 billion of paper affected. European CLOs enjoyed a more relaxing summer holiday, with only 1 name representing €33.88 million worth of bonds downgraded to triple C.
Subscriber-only article
This article is available only to Creditflux subscribers and free trial users within 30 days of publication.
Already a subscriber? Not logged in? Click here to login.
If you have not already done so,
you may request a FREE TRIAL by clicking here
This trial will give you:
- 4-weeks' free online access to our
most recent subscriber-only articles - Daily breaking news alert sent by email
- A print copy of Creditflux
If you currently have a free trial, you will see this message when you try to view articles older than 30 days.
Related Stories
- Defiant CSAM prices benchmark-setting US CLO after Nomura's rapid deal execution 1 hour ago
- Antares adds to new syndicated loans unit with portfolio manager hire from Apex 21 hours ago
- Nuveen goes short with latest new CLO via Wells Fargo 22 hours ago
- CLO industry consortium to tackle Miami Triathlon in aid of cancer charity 22 hours ago
- Credit Suisse CLO trader/strategist joins Barclays 1 day ago
CLOs
- Defiant CSAM prices benchmark-setting US CLO after Nomura's rapid deal execution 1 hour ago
- Antares adds to new syndicated loans unit with portfolio manager hire from Apex 21 hours ago
- Nuveen goes short with latest new CLO via Wells Fargo 22 hours ago
- CLO industry consortium to tackle Miami Triathlon in aid of cancer charity 22 hours ago
- Credit Suisse CLO trader/strategist joins Barclays 1 day ago