AmericasMatthew DonohueAssistant Vice PresidentMatthew.Donohue@moodys.com EMEAAndrew HarlingVice PresidentAndrew.Harling@moodys.comAsia PacificChristina MaynesSenior Vice PresidentChristina.Maynes@moodys.com
CLO Outlook: Performance stable in US, negative in Europe
US collateralized loan obligations (CLOs) issued in 2012 will have a strong credit profile, with a continuation of new features introduced in the 2011 vintage offering greater protection for investors. Performance of outstanding US CLOs will outpace those of outstanding European CLOs in the new year… Full Report | Press Release
Global refunding risks in US and Asia are benign for the near-term, but concerns persist in EMEA
The overall refunding need posed by nearly $1.8 trillion of rated bonds maturing in the three major markets by 2015 does not appear daunting relative to normal market capacity. However, with roughly $850 billion in bond maturities, EMEA has the largest amount of debt coming due between 2012 and 2015… Full Report l Press Release