AIG resets a Covid deal, slashing senior notes by 89bp

Paola Aurisicchio

June 09, 2021 04:30 PM

2020_covid_Alamy_575x375_March25_2021 — 2DEM0K5 2020, the year of Covid-19 pandemic, conceptual image of worn disposable surgical face masks | Alamy Stock Photo

CLO issuers are flooding to market to refinance Covid-era deals. On Tuesday, American International Group (AIG) Asset Management joined this wave by resetting AIG CLO 2020-1, slashing senior notes by 89bp.

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Paola Aurisicchio