CLOs on lookout as Neiman recovery signals slump and DC confirms credit event

By Dan Alderson & Michelle D'souza

Monday, May 11, 2020

Five-year CDS referencing Neiman Marcus widened by four points to 95.25 points up front, according to IHS Markit, as the Americas Determinations Committee confirmed the US retailer has triggered a bankruptcy credit event

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TAGS: CDS High yield bonds CLO Distressed debt Credit derivatives Default North America

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