TRLPC: Energy downgrades weigh on US CLOs as CCC assets increase
TRLPC: Energy downgrades weigh on US CLOs as CCC assets increase
NEW YORK, Feb 19 (Reuters) - Downgrades to energy companies' credit ratings are weighing on Collateralized Loan Obligations (CLO) funds' portfolios, in a**ther hit to a market already facing a drop of more than 50% in issuance this year.