Thanks to everyone who took part in our semi-annual round of client briefings. Single client briefings are just one way we make sure our subscribers stay in the loop on changing CLO market standards, and your comments help us make sure we are focusing on the right areas of documentation. Here are some of the most common talking points across more than 45 briefings: 🔥 Bond buckets rising above 5% 🔥 Vanishing Sofr floors 🔥 What happens when a controlling class condition is satisfied 🔥 Maturity restrictions using pluralized language 🔥 What work-out proceeds can be treated as interest 🔥 Grace periods in rating default definitions
