Reuters Unveils CLO Pricing Service

Thomson Reuters has rolled out a new collateralized loan obligation evaluated pricing service.

Thomson Reuters has rolled out a new collateralized loan obligation (CLO) evaluated pricing service, Finextra reports. The service has been delivered through DataScope Select, the company’s strategic distribution platform for non-streaming global content and pricing.

The service will provide end-of-day valuations for global cash CLOs, including both broadly syndicated and middle market deals. The solution fully unfolds the assets underlying an individual CLO, such as prepays, defaults and recoveries and focuses on the breakout and analysis of CCC rated loans, defaulted loans, second liens, covenant lite loans and bonds.

Click here for the story from Finextra.