US CLO managers rush to price deals ahead of holidays

Money talks 230x150
By Paola Aurisicchio
21 Dec 2020

CLO managers in the US are rushing to price CLOs before the market shuts for Christmas, with five deals at various stages of marketing.

Robust investor demand is driving spreads tighter, according to sources. CLO spreads started the week around 5bp-25bp tighter across the capital stack and Bank of America projects spreads on triple-A paper to tighten at the beginning of next year even as more refinancing and reset deals come to ...

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