Anchorage taps European CLO market after year-long break

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By Tom Brown
20 Jan 2021

Anchorage Capital has mandated Goldman Sachs for its fourth European CLO, a €411.1m transaction offering eight tranches including minority equity.

Equity trading levels have been improving in the CLO market over the past six months after liabilities widened out over March and April 2020, when structured vehicles holding loans to Covid-exposed industries were seen as focal point for the damage caused by the virus.

But the market has ...

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