CLOs

in credit •  5 years ago 

https://www.zerohedge.com/markets/one-bank-finds-major-cracks-leveraged-credit-market

To wit, in 2018 earnings, nearly a third of companies in the study sample missed EBITDA projections by 50% or more, two years after coming to market.

It's only going to get worse in the global economic implosion

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