Summer lull no obstacle for European CLO managers
European CLO managers are paying no heed to the typical summer slowdown, churning out new offerings as well as CLO resets to kick off the month of August.
A debut European deal from New York-based issuer Brigade Capital, structured by Citi, was priced at the beginning of the week.The triple-A notes of the €368m deal were sold at 93bp over three month Euribor, 3bp wider than fellow US manager Barings achieved in its print last ...
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