Avoca, Harbourmaster bring true arbitrage CLOs back to life
More signs of a structured credit recovery came with two CLOs — the first in Europe this year that were not restructurings of market value deals or busted warehouses. Avoca 9 was priced on Friday and Harbourmaster 11 is expected to be priced next week.Read EuroWeek this week to see if structured credit is making a comeback.
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