CLO pipeline remains robust, shrugs off April payments pause

By Paola Aurisicchio
14 Apr 2021

A flurry of deals is expected to hit the CLO market with managers, such as Sculptor, MJX, First Eagle and Carlyle, among others, set to issue new deals or reprice legacy deals.

The April payments, which usually add some pressure to the volume of issuance as spreads soften, contrast this year with the tight environment that is pushing managers to rush to lower the cost of liabilities.

The CLO pipeline continues to be very robust with at least 10 ...

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