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7 results found Showing page 1 of 1
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281 CLOs set to be affected as Avaya files for bankruptcy
7 years ago
The CLO market was hit by its first high-profile default of 2017 yesterday, after Avaya filed for bankruptcy. -
CLOs set to be poisoned as Peabody's canary goes belly up
8 years ago
In this metaphor, the canary is Peabody's 2022 second lien loan. -
Loan holders hit out at Paragon bankruptcy plan
8 years ago
Holders of Paragon Offshore term loans, which are widely held by CLOs, have vehemently opposed the company's bankruptcy plans, according to a report by Debtwire -
Commodities slump claims its latest victim as Noranda is canned
8 years ago
According to CLO-i data, around $210 million of Noranda's 2019 term loan is held in CLOs, with 83 deals holding some exposure to the name. These deals are set to take a hit after Noranda filed for bankruptcy yesterday -
Patriarch steps down from Zohar CLOs ahead of family office conversion
8 years ago
Lynn Tilton's Patriarch Partners has resigned from its role as manager on three Zohar CLOs -
CLO managers get a paper cut as Verso files for chapter 11
8 years ago
A handful of CLOs will take a hit after paper manufacturer Verso filed for bankruptcy yesterday -
US CLOs take yet another hit as Arch Coal goes up in smoke
8 years ago
Several US CLOs have taken a severe hit after embattled coal miner Arch Coal filed for bankruptcy yesterday
7 results found Showing page 1 of 1
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