Moody's Seeks Feedback on CLO Methodology Changes

March 2011
High Yield Report;3/28/2011, Vol. 22 Issue 13, p7
The article reports on the search for feedback by Moody's Investors Service from market participants regarding proposed changes to its modeling framework for cash-flow collateralized loan obligations (CLOs). Market participants have until April 8, 2011 to respond to the proposed changes. It is noted that such changes would apply globally to CLOs and collateralized bond obligations (CBOs) that Moody's models using the Binomial Expansion Technique (BET) modeling framework.


Related Articles

  • Moody's May Upgrade $237B of CLOs. Colter, Allison Bisbey // High Yield Report;6/27/2011, p12 

    The article reports on the possibility that Moody's Investors Service could upgrade roughly 237 billion dollars of collateralized loan obligations (CLO) due to the change in its ratings methodology as of June 27, 2011. Among the changes are the lifting of the 30% default probability stress and...

  • Second Quarter Brings Boost In Spirits For US CDOs. O'Connor, Colleen Marie // Bank Loan Report;8/9/2004, Vol. 19 Issue 32, p8 

    Reports on the performance of collateralized debt obligations (CDO) in the United States for the second quarter of 2004. Number of CDO downgraded by Moody's Investors Service Inc.; Performance of high yield CDO; Improvement in credit quality.

  • CLOs Experience a Comeback; But Will It Last? Kellerhals, Richard // High Yield Report;8/3/2009, Vol. 20 Issue 31, p5 

    The article reports on the growing market for collateralized loan obligations (CLOs). Improving secondary loan prices have contributed to growth in CLOs although many market participants believe that it would not last. CLOs were also supported by resources about it such as the CLO Interest...

  • European arbitrage CDO market: growth, but relative.  // Asset Securitization Report;2/26/2001, Vol. 1 Issue 8, p8 

    The article reports that collateralized debt obligations in Europe for balance-sheet deals, arbitrage deals are on the rise. There are at least five European asset arbitrage deals in the capital market of the Great Britain according to investors.This is compared to just seven high-yield CBOs...

  • Moody's Tracks CDO Equity Performance. Pyburn, Allyson // Bank Loan Report;4/10/2006, Vol. 21 Issue 14, p1 

    The article reports on the equity performance of the collateralized debt obligation (CDO) in the U.S. based on the findings of rating agency Moody's Investors Services Inc. The report called "Moody's Equity Score Reports" shows that emerging market CDO equity pieces generated the highest return...

  • Moody's: CLO Default Performance Varies 'Significantly' Among Managers. Fest, Glen // High Yield Report;10/2/2015, p1 

    The article discusses a 2015 study published by credit rating provider Moody's Investors Service that reveals the tendency of defaults within collateralized loan obligation (CLO) collateral assets to match the trends of the larger speculative-grade universe. The study shows variations of the...

  • CLO Managers Take Their Buzzer Shots. Clouse, Carol J. // High Yield Report;1/6/2013, p15 

    The article reports that first-time asset management firms are expected to enter the collateralized loan obligation (CLO) market in 2014. It is noted that new and existing managers still have time to obtain new issues before the implementation of risk-retention regulation. Moody's asserted that...

  • Moody's: Rising Rates Will Reduce Excess Spread for CLOs. Fest, Glen // High Yield Report;10/27/2014, p20 

    The article focuses on the October 2014 collateralized loan obligation (CLO) Interest report from ratings firm Moody's Investors Service. It mentions the role of rising interest rates in reducing a vital form of credit enhancement for CLOs in the U.S., the greater impact of a rise in three-month...

  • Euro CLOs Poised to Free Up Loans for Collateral in New Deals. Bisbey, Allison // Mergers & Acquisitions Report;11/18/2013, Vol. 28 Issue 46, p24 

    The article reports that 11 European collateralized loan obligation (CLO) 1.0 deals were tapped for sale to fund redemptions of about 2.9 billion euros for European CLO 2.0 deals, as reported by Moody's. in 2013.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics