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SecuritizationCLOs-CDOs

Lev market crosses fingers for €3bn ISS repayments

The acquisition of Danish cleaning company International Service System by G4S would trigger a jumbo prepayment into the leveraged loan market. ISS is one of the most widely-held names among CLOs, and the prepayments would free up liquidity that could support new primary deals before more CLO reinvestment periods expire.

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