Investcorp debt boss eyes post-pandemic CLO 3.0 era

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Investcorp debt boss eyes post-pandemic CLO 3.0 era

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Clock face overlaid on to Euro bank notes. Concept: time is money. | Jane - stock.adobe.com

CLOs structured in the post-pandemic world will see tighter documentation, but more flexibility on ratings, as the market adapts to the lessons learned through the Covid-19 crisis and ushers in a new ‘CLO 3.0’ era for the European market, according to Investcorp Credit Management boss Jeremy Ghose.

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