CLO managers forced to ‘bite bullet’ at wider levels
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CLO managers forced to ‘bite bullet’ at wider levels

Invesco 230 px

Continued spread pressure in the US CLO market has forced managers completing deals in the past two weeks or so to swallow higher spreads to get their deals over the line, with many hoping they can take advantage of softness in the underlying leveraged loan market to make up for the wider print.

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