Fitch Discusses Enhancements to U.S. Middle Market CLO Criteria Tomorrow 10 a.m. EDT.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. will be providing an overview of the latest enhancements it has made to its rating criteria for U.S. middle market collateralized loan obligations Collateralized loan obligation (CLO) A security backed by a pool of commercial or personal loans , structured so that there are several classes of bondholders with varying maturities, called tranches. Similar in structure to Collateralized Mortgage Obligations. during a teleconference to be held tomorrow morning at 10 a.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT . Fitch Director Alla Zaydman will be the call leader and be joined by other analysts to discuss the refinements to the rating methodology, which comes on the heels of various structural innovations that have been introduced to the middle market CLO CLO See: Collateralized Loan Obligation. structure as performance continues to be strong. A Q&A session will immediately follow the prepared remarks. Interested parties in the U.S. and Canada should call 877-387-9206 and participants outside the U.S. or Canada should call 706-679-8437. Participants should call at least five minutes before the 10 a.m. EDT start time. A replay of the teleconference will be available this afternoon, two hours after the call ends, until May 19 at 11:59 p.m. EDT. Interested parties should dial 800-642-1687 (domestic) or 706-645-9291 (outside the U.S. or Canada). The conference ID number for the instant replay is '6487584'. In addition, a replay of the teleconference will be archived on the Fitch Ratings web site for three months. Interested parties can find the appropriate link at the 'Teleconference and Online Events' link, which is located under the heading 'About Fitch' at 'www.fitchratings.com'. |
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