KBRA releases a recap of the Information Management Network’s (IMN) Annual Investors’ Conference on CLOs and Leveraged Loans, held on April 17-18 in New York City.
The conference’s various panel sessions focused on broadly syndicated loans (BSL), middle market (MM) CLOs, leveraged loans, direct lending, and private credit.
The recent turmoil in the U.S. regional banking sector and the collapse of Credit Suisse unsettled the markets and tested the resolve of governments to stabilize global financial systems. Consequently, there is broad expectation for an increase in leveraged loan defaults, which is now forecast in the 3%-4% range by year-end 2023. Conference participants stressed the resilience of the CLO structure and the ability to persist under the most challenging market conditions.
Click here to view the report.
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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.
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Contacts
Akiko Kato, Director, Structured Credit
+1 (646) 731-1341
akiko.kato@kbra.com
Sean Malone, CFA, Managing Director, Structured Credit
+1 (646) 731-2436
sean.malone@kbra.com
Eric Hudson, Senior Managing Director, Global Head of Structured Credit Ratings
+1 (646) 731-3320
eric.hudson@kbra.com
Eric Thompson, Senior Managing Director, Global Head of Structured Finance Ratings
+1 (646) 731-3320
eric.thompson@kbra.com
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Jason Lilien, Managing Director
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