CLOs to sidestep oil chaos as exposures dwindle

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CLOs to sidestep oil chaos as exposures dwindle

BP Shah Deniz field oil rig from corp media gallery 230x150

The 30% drop in the price of crude oil as Saudi Arabia kicked off a price war this week is causing anxiety in the CLO market and a flashback to the oil plunge of 2016, though data shows that the sector is far less exposed than during past crises.

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