CLO MVOC and Equity NAV Across All Tranches and Vintages (Based on Asset Prices as of May 16, 2025)
May 19, 2025
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With the rally in loan prices, the number of US BSL CLO deals with negative equity NAV has declined from 317 to 168 since 21 April 2025. Among single-B tranches, the number with a market value over-collateralisation (MVOC) below 100% has fallen from 169 to 126 over the same period.
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