JC Penney bankruptcy weighs on CLO and CDX HY baskets

By Dan Alderson & Michelle D'souza

Monday, May 18, 2020

CLO managers hold nearly $250 million of the debt of JC Penney, which filed for chapter 11 protection in the US Bankruptcy Court for the Southern District of Texas on Friday

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

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