OC health check: CLOs end 2020 with fragile recovery

By Sam Robinson

Monday, January 25, 2021

Only 109 CLOs breached an overcollateralisation test in December, falling from 121 in November. This in turn was down from the 147 CLOs that breached an OC test in October, but 33 cured their breaches in November and a further 11 cured all OC test failures in December

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: Europe CLO Performance North America

View details on CLO-i: Accunia European CLO II Barings Euro CLO 2018-2 Garrison Funding 2018-2 Hempstead CLO II Marathon CLO VI Zais CLO 1

Related Stories

CLOs

more stories...