Sound Point CLO 38, Ltd. - Fitch Research

Sound Point CLO 38, Ltd.

Sound Point CLO 38, Ltd. - Fitch Research
Sound Point CLO 38, Ltd.
Published Mar 28, 2024
13 pages (7949 words) — Published Mar 28, 2024
Price US$ 300.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

... In the definition of concentration limitation, the amount of long-dated obligation that acquired in outright purchases is limited to 2% of collateral principal balance. Corresponding stress for long- dated obligations has been applied in Fitch Stressed Portfolio and we found sufficient haircut for purposes of calculating the OC ratio in the indenture....

  
Report Type:

New Issue Report

Company(ies)
Sound Point CLO 38, Ltd.
Format:
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Cite this Report

  
MLA:
Fitch Research. "Sound Point CLO 38, Ltd." Mar 28, 2024. Alacra Store. Apr 27, 2024. <http://www.alacrastore.com/fitch-credit-research/Sound-Point-CLO-38-Ltd-RPT_10265944>
  
APA:
Fitch Research. (2024). Sound Point CLO 38, Ltd. Mar 28, 2024. New York, NY: Alacra Store. Retrieved Apr 27, 2024 from <http://www.alacrastore.com/fitch-credit-research/Sound-Point-CLO-38-Ltd-RPT_10265944>
  
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