CLO managers prepare for new warehouse formation

By Paola Aurisicchio
22 Jun 2020

CLO managers are in talks with banks in hopes of opening new warehouses in the next few weeks, paving the way for post-Covid CLO issuance.

An experienced manager with approximately $6bn in assets under management plans to open its first warehouse since the outbreak of the pandemic in "coming weeks" and tier one and tier two managers, which usually have warehouses opened throughout the year, are eyeing new credit lines from banks to ...

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