DBRS Morningstar: Are Upcoming Maturity Walls a Matter of Concern for Middle Market CLOs?
DBRS Morningstar expects that higher financing costs and reduced lender appetite will present refinancing challenges for corporate debt in the next two years as the Federal Reserve attempts to regain control over inflation. Based on our analysis of middle market corporate loan maturities in DBRS Morningstar-rated collateralized loan obligations and other financing facilities, near-term corporate refinancing risk is manageable. Over the long term, more significant refinancing risks exist and present greater challenges.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.