Add Southcross Energy Partners, Seventy Seven Energy, Verso Corp., and Paragon Offshore to the list of credits held by collateralized loan obligation that appear to be headed for default.

These four names, along with Arch Coal, which filed for bankruptcy this month, account for a combined $1.4 billion in U.S. CLO collateral, according to Wells Fargo and Intex. That represents just 0.33% of the currently outstanding U.S. CLO universe. The median U.S. CLO exposure to the combined five issuers is 0.55%.

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