Double B Level

topic on 1 show · 1 statements across 1 episodes

Capital Allocators

1 statements about Double B Level, every show

CAPITAL ALLOCATORS Assertion Supported
Majewski: Long-term default rate on BB CLO debt is under 20 bps annually
“In my opinion, you take very little credit risk buying CLO debt, even at the double B level, the class just above the equity, the longterm default rate is less than 20 basis points per annum.”
Tom Majewski Dec 1, 2022 ▶ 1:05:54 Thomas Majewski – Empty Rooms: Masterclass on CLOs at Eagle Point Credit Management (Capital Allocators, EP. 284)

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