LMA calls levloan-subprime comparison ‘superficial’

Tom Brown

April 02, 2019 04:00 PM

EAK15N (141117) -- SINGAPORE, Nov. 17, 2014 (Xinhua) -- Bank of England Governor Mark Carney speaks at the Monetary Authority of Singapore (MAS) Lecture in Singapore on Nov. 17, 2014. (Xinhua/Then Chih Wey) | Alamy Stock Photo

There is comparatively less systemic risk in leveraged loan CLOs than in the subprime crisis-era sector, representatives from both the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA) agreed while speaking at an IMN conference panel on Tuesday. Credit risks for the sector remain, however.

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Tom Brown