Vintage euro CLO scrabbles for pennies to stave off default

By Mike Peterson

A 2005 vintage European CLO has sold the last of its assets, according to an investor notice sent out last week, but may not have sufficient proceeds to pay back all its debt

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: Performance m&g Europe CLO Redemption

View details on CLO-i: Leopard clo iii - called deal