...Invesco U.S. CLO 2023-2 Ltd. (May 2025) The offering documents that are available to investors for collateralized loan obligations (CLOs) typically do not include representations, warranties and enforcement (RW&E) mechanisms that relate to the asset pool underlying the CLO. However, the offering document for this transaction included a draft of the indenture as a supplemental exhibit, which contains RW&Es related to the underlying asset pool of the CLO, as reproduced below. See Fitch Ratings' special report, "Representations, Warranties and Enforcement Mechanisms in Global Structured Finance Transactions," dated September 12, 2024, for further information regarding Fitch's approach to the disclosure of a transaction's RW&Es as required under SEC Rule 17g-7....
