CLO Manager Strategies for Navigating LME Risk

Panelists discuss how CLO managers should respond to LME situations, emphasising the critical importance of making early decisions about whether to join a creditor group, exit a position, or take a blocking stake. The conversation covers the value of forming lender groups proactively, the shift from third-party-led to existing-lender-led LMEs, and how managers with restructuring expertise and sufficient capital are better positioned to protect their portfolios.