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European SME CLOs: Performance Better than Bank Loan Books

Published Feb 06, 2015

15 pages (8153 words) — Published Feb 06, 2015

Price US$ 999.00 | Buy this Report Now

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Brief Excerpt:

...Data Provides Greater Insight: For the first time, Fitch Ratings is publishing delinquency indexes based on loan-level data (LLD) provided by the European Data Warehouse (Edwin). The data set is the most comprehensive available, and covers a significantly larger number of transactions than those rated by the agency. The new index confirms the difference in performance observed between originators' loan books and transaction portfolios. Transaction Performance Not Representative: The average delinquency index based on Edwin data for 90 to 360 days past due (dpd) loans equals 2.93%, as of 3Q14, across Italian, Portuguese and Spanish transactions. This compares to annual observed default rates of between 5% to 6.5% for originators' loan books...

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MLA:	Fitch Research. "European SME CLOs: Performance Better than Bank Loan Books" Feb 06, 2015. Alacra Store. May 20, 2025. <http://www.alacrastore.com/fitch-credit-research/European-SME-CLOs-Performance-Better-than-Bank-Loan-Books-857508_report_frame>

APA:	Fitch Research. (). European SME CLOs: Performance Better than Bank Loan Books Feb 06, 2015. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/fitch-credit-research/European-SME-CLOs-Performance-Better-than-Bank-Loan-Books-857508_report_frame>

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