• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Leveraged Loans Gain Favor with European CDO Collateral Managers Following Strong Performance Jul 02 Product Image

Leveraged Loans Gain Favor with European CDO Collateral Managers Following Strong Performance Jul 02

  • ID: 2045246
  • July 2002
  • Region: Europe
  • Standard & Poors

FEATURED COMPANIES

  • Clare Island B.V.
  • Duchess I CDO S.A.
  • Intercontinental CDO S.A.
  • Jubilee CDO II B.V.
  • MORE

Abstract
(Editor's note: This article was originally produced in printed format in early July 2002. It is being published to RatingsDirect with the only material change being to the table.) Strong performance in the European leveraged loans market has positioned these loans as an asset of choice for CDO collateral managers in the past year, as no negative rating actions have been taken on any of the issued classes backed by these securities, despite the economic downturn. The relative stability of these loans vis-à-vis other assets that find their way into a typical CDO mix may be attributed to a combination of factors, including the strong diversification in terms of industry concentration and relatively large size of the portfolios that contain...

Companies mentioned in this report are:
- Duchess I CDO S.A.
- Clare Island B.V.
- Intercontinental CDO S.A.
- Jubilee CDO II B.V.

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of READ MORE >

Note: Product cover images may vary from those shown

- Duchess I CDO S.A.
- Clare Island B.V.
- Intercontinental CDO S.A.
- Jubilee CDO II B.V.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS