Over 20% of CLOs failing key test, analysts say

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Securitization
CLOs

Over 20% of CLOs failing key test, analysts say

Paola Aurisicchio
May 11, 2020 09:30 PM
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The percentage of triple-C rated loans held in CLOs has tripled to 12% in the past three months, leading 21% of outstanding deals to fail at least one overcollateralisation test, according to Bank of America.

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Health and BiotechSecuritizationLevFinSecuritization - CLOsLevFin - CLOsSRI
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Paola Aurisicchio
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