European CLO market springs back to life with Redding Ridge, Permira deals

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European CLO market springs back to life with Redding Ridge, Permira deals

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The European CLO primary market is back in business, with new deals priced on Monday from Permira Debt Managers and Redding Ridge Asset Management. But the market backdrop looks very different, with new issues shorter, less levered, and much more expensive than the last pre-virus trades.

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