COVID-19 Impacts in LCD: A Look at Distress, CLOs & Credit Quality

The rapid spread of COVID-19 has already resulted in many negative ratings actions, with further risk migration and higher default rates expected in the wake of the pandemic. Leveraged Commentary & Data (LCD) can help you track, assess, and manage these heightened risks via real-time coverage of at-risk companies and industries.

• A brief timeline of COVID-19’s leveraged finance challenges
• An examination of the Coronavirus crisis vs the 2008 Recession, with a look at distress, CLOs, and credit quality
• The Loan Market Response – downgrades, extensions and more.
• The national impact on COVID-19 loan distress
• An update on key market assumptions