Bankruptcies compound stress for embattled US CLO market

GlobalCapital Securitization, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213

Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Bankruptcies compound stress for embattled US CLO market

volatility_PA_575x375_17April2020
(200227) -- NEW YORK, Feb. 27, 2020 (Xinhua) -- An electronic screen shows the trading data at the New York Stock Exchange in New York, the United States, Feb. 27, 2020. U.S. stocks closed sharply lower on Thursday as investors fled the stocks market and flocked into safe-haven assets. The Dow Jones Industrial Average fell 1,190.95 points, or 4.42 percent, to 25,766.64. The S&P 500 was down 137.63 points, or 4.42 percent, to 2,978.76. The Nasdaq Composite Index was down 414.29 points, or 4.61 percent, to 8,566.48. (Xinhua/Wang Ying) | Wang Ying/Xinhua News Agency/PA Images

A gathering storm of bankruptcies among US retailers rolling in behind a swelling wave of loan defaults is bringing distress to the US CLO market, forcing both managers and investors to adjust their approach, writes Paola Aurisicchio.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article