Moody’s Updates Key Assumptions For Ratings CLOs

Moody’s Investors Service has revised and updated certain key assumptions it used to rate collateralized loan obligations.

  • 04 Feb 2009
Moody’s Investors Service has revised and updated certain key assumptions it used to rate collateralized loan obligations. The changes, which include an update of its default probability assumptions to reflect higher corporate default rate expectations, are expected to affect mainly mezzanine and junior CLO tranches, resulting on downgrades ...

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