Retail rout fails to dent lev loans, CMBS

David Bell

March 20, 2018 07:30 PM

sale — London, United Kingdom. 21st December 2013 -- Christmas shoppers hunt for bargains and sales on the busiest retail day of the year known as panic Saturday. -- Thousands of Christmas shoppers filled Oxford Street in London despite the bad weather on the busiest retail day of the year, known as panic Saturday. Shoppers hunted for bargains and sales offered by department stores and shops. Christmas Shoppers Fill Oxford Street on Panic Saturday | Amer Ghazzal / Demotix/Demotix/Press Association Images

Despite a string of credit issues at troubled US retailers, the sector has provided leveraged loan investors with the strongest gains in the year so far, said JP Morgan on Tuesday, while the CMBX index targeted by mall bears as the next Big Short has barely budged.

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Topics

Loans and High Yield LevFin High Yield Bonds Securitization LevFin Securitization - CLOs LevFin - CLOs United States Americas CMBS North America

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David Bell