CLOs – Europe
2021 Outlook – Collateral quality will continue to decline while structures adapt to downturn
Podcast - Outlooks Connections Episode 3
Lower-rated leveraged loans, junior CLO tranches to bear brunt of coronavirus impact
Christina Padgett and Sandra Veseli of the Corporates team, Al Remeza of the Structured Finance team, and Ana Arsov of the Financial Institutions team discuss the outlook for leveraged finance and collateralized loan obligations (CLOs) in the US and EMEA. Coronavirus-related defaults will likely peak in 2021, but banks’ exposure is limited. Lower-rated loans to coronavirus-exposed sectors will be worst affected, with a knock-on effect on the junior tranches of existing CLOs.
An error occurred trying to play the stream. Please reload the page and try again.Close