More than 45% of Euro CLOs to be out of RP by Q1 2024, Fitch says

By Michelle D'souza

More than 45% of Fitch-rated reinvesting European CLOs are anticipated to be out of their reinvestment period by the end of Q1 2024, up from around a third as of April, which could lead to rating pressure for mezzanine tranches in those deals

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TAGS: Europe Research CLO