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New issue CLOs turn to fully syndicated equity

Equity_AdobeStock_575x375_18June20
By Paola Aurisicchio
29 Apr 2021

New issue CLOs are increasingly selling equity to multiple buyers, leaving no single investor with a majority position — signalling an end to the difficulties of last year, which saw managers without their own equity or committed partners struggle to come to market.

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By Paola Aurisicchio
29 Apr 2021