Middle-market deals set to fire up CLO primary

Clock watching
By Paola Aurisicchio
18 Nov 2020

At least two new middle-market CLO deals and two resets are being readied to open up a primary market that has been quiet since the end of October.

One new deal is a broadly syndicated loan (BSL) CLO to be priced by Palmer Square Capital Management. The middle-market deals might price later this week, with sources expecting a rebound in BSL deals in early December.

Middle-market deals remain a small portion of the market compared to ...

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