NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a report which details U.S. broadly syndicated loan (BSL) collateralized loan obligation (CLO) exposure to corporate sectors amid the ongoing coronavirus (COVID-19) pandemic.
In this report, we provide an update on U.S. CLO sector exposure and overall industry credit quality, based on reported data from March 2020 through February 2021 trustee reports for a representative sample of transactions. Additionally, we summarize sector performance and trends throughout the pandemic using three sector cohorts which have displayed high, moderate, and low resilience to the economic fallout of COVID since March 2020.
We also include the Structured Credit Publication Index, which contains links to recent KBRA reports within the Structured Credit sector.
Click here to view the report.
KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.