Euro CLO spreads open a window for managers to reset deals
After a month of record issuance in July, CLO spread levels have tightened into a range to create a window for managers to reset older transactions in August.
While loan spreads have not tightened as much as anticipated, CLO spreads are nearing their tightest levels of the year.
“I think more and more people are going to try and figure out if the economics can work for a reset,” said a syndicate banker.Spire ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com