Elmwood resets CLO as market slowly returns to pre-Covid formats
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SecuritizationCLOs

Elmwood resets CLO as market slowly returns to pre-Covid formats

Bond market graph volatility from Adobe 22May20 575x375

Citi arranged the reset last week of a $503.9m CLO managed by Elmwood Asset Management, extending the deal with a new five year reinvestment period as CLOs slowly return to pre-Covid format.

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