European CLOs prove resilient despite macro stress

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European CLOs prove resilient despite macro stress

Moody's 230x150
ARCHIV: Ein Schild weist in New York, USA, auf den Sitz der Ratingagentur Moody's hin (Foto vom 23.09.12). Die Ratingagentur Moody's hat Frankreich das Spitzenrating entzogen. Die Bewertung fuer Staatsanleihen wurde um eine Stufe von Aaa auf Aa1 gesenkt, wie Moody's am Montagabend (19.11.12) mitteilte. (zu dapd-Text) Foto: Oliver Lang/dapd | Oliver Lang/dapd

Research from Moody’s Investors Service published on Thursday states that defaults in European CLO collateral are ‘non-existent’, and the share of publicly rated collateral in CLO portfolios is increasing, strengthening the credit quality of the asset class overall.

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