DiscoverFICC FocusCredit Crunch: Palmer Square’s Bloomfield on Traditional, Static CLOs
Credit Crunch: Palmer Square’s Bloomfield on Traditional, Static CLOs

Credit Crunch: Palmer Square’s Bloomfield on Traditional, Static CLOs

Update: 2025-08-25
Share

Description

“So it’s a tough situation when you’re managing a spread-based portfolio, like a CLO. And obviously we don’t have the luxury of tightening the spreads on the liability side,” says Matt Bloomfield, partner at Palmer Square and president of Palmer Square Capital BDC, when discussing the current pace of re-pricings across the leveraged loan market. Bloomfield joins Bloomberg Intelligence’s Noel Hebert on this episode of the Credit Crunch podcast to talk about traditional and static CLOs, a less-conventional approach to business development companies and Palmer’s roots in opportunistic credit. They also discuss relative value and the current credit landscape, the advantages of scale, diversification and leverage. 


Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Credit Crunch: Palmer Square’s Bloomfield on Traditional, Static CLOs

Credit Crunch: Palmer Square’s Bloomfield on Traditional, Static CLOs

Bloomberg Intelligence