Flurry of managers rush EU CLO primary
The Carlyle Group, CQS Investment Management, Bain Capital and Spire Partners were in the market with CLOs this week, sprinting to get deals out the door ahead of the Easter break.
Carlyle priced its first new issue deal of the year, a €413.5m offering arranged by Credit Suisse. The triple-A paper was priced at 86bp over Euribor, the tight end of European CLOs to be priced so far this year.
The tight spreads at the top of Carlyle Global
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