Collineo Manager Rating Slashed To Below ‘Adequate’

--Cristina Pittelli

Collineo Asset Management has had its collateralized debt asset manager rating slashed today after hedging decisions on two of its collateralized loan obligations have been deemed detrimental to senior and mezzanine investors, according to Fitch Ratings. “Absent these actions, Fitch would have considered Collineo as an adequate ...