Structured credit dragged very wide — but CLOs stand to gain
Senior tranches of securitisations widened 220% in less than a month as the coronavirus pandemic has meant an increase in systemic risk — a sharp turnaround from the past few months when idiosyncratic risks were being cited as the main concern for structured credit investors.
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
- Debtwire FY23 US Direct Lender Rankings 2 hours ago
- AXA wins USD 400m for SRT strategy from US pension fund 2 hours ago
- Voya refis 2018 vintage CLO 3 hours ago
- New Ares CLO keeps pricing tight 4 hours ago
- Napier Park prices first European new issue CLO of the year 5 hours ago
Newsletter
- Strong run helps CLOs shrug off Altice downgrade 6 days ago
- CIC aims to join list of new European CLO managers 6 days ago
- Triple A delayed-draw structure helps European CLOs beat negative carry 6 days ago
- Milbank staffs up after slew of London lawyers follow Goldfinch to Allen & Overy 6 days ago
- Private credit firms chase opportunities in asset based lending as US banks withdraw 6 days ago
