Coronavirus outbreak hits US CLOs with exposure to vulnerable sector
April 10, 山东11选5开奖视频 (5.51 mins)
Lana Deharveng and Aniket Deshpande of the Structured Finance team discuss how the coronavirus outbreak and oil price shocks are affecting US CLOs.
CLOs – US: Coronavirus shock will most affect CLOs with weak issuers in vulnerable sectors
Although the WARF of most CLOs will deteriorate to some extent, CLO structures will protect notes higher in the capital stack.