TRLPC: Court of Appeals judges question credit risk in LSTA CLO risk-retention case

NEW YORK, Feb 11 (Reuters) - US Court of Appeals judges questioned how the credit risk of a Collateralized Loan Obligation (CLO) should be calculated during oral arguments for a request by the Loan Syndications and Trading Association (LSTA) to review risk-retention rules and their application to the largest buyer of leveraged loans.