Full plate for Nochu drives managers to pre-crisis deal structures

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Full plate for Nochu drives managers to pre-crisis deal structures

Nochu
J23F27 Japanese flag with rate tables and graphs for economic development. | Alamy Stock Photo

CLO anchor investor Norinchukin Bank is said to be looking at a full calendar of deals in the next two months, leaving some managers not on the Japanese bank’s list planning to revive structures not seen since before the last crisis in a bid to drum up interest and improve the arbitrage function of their CLOs.

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