Clover Tech cov-lite loan blots CLOs after spilling a third of its value

By Dan Alderson

Wednesday, July 17, 2019

The past week’s biggest declining loan by some way, for printing cartridge maker Clover Technologies (aka 4L Technology), is a worry for CLO portfolios as some 21 managers hold the name, according to CLO-i

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TAGS: CLO MJX ArrowMark Sound Point Marathon Distressed debt Voya Leveraged loans Performance North America

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