Moody's hosted a webinar on 21 July 2020 to discuss credit implications of the coronavirus-induced slowdown for corporate HY debt and European CLO portfolios and the implications for new and existing CLO ratings.

Topics Included:
  • Updated overview of weakened corporate universe
  • Recent evolution of credit quality of European CLO portfolios
  • Key credit considerations on recent rating actions and reviews
  • Overview of new CLO rating activity in the first half of 2020
Speakers:
  • George Zittis, Vice President, Senior Credit Officer, Structured Finance Group (Moderator)
  • Selina Wong, Vice President – Senior Analyst, Structured Finance Group
  • Julie Ng, Assistant Vice President, Structured Finance Group

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches

Following the commencement of TRIM in 2016, there are has been a multi phased approach to the ECB’s TRIM exercise. As we are gearing up for a year of further TRIM exercises and transitioning to review of wholesale and low default portfolios, Moody’s would like to host this webinar to provide:

  1. Further insight to the challenges in the market thus far
  2. The common themes across Europe
  3. Remediation and best practice approaches