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Trimaran refinances CLO with AMR auction

Refinance
By Paola Aurisicchio
24 Jun 2021

Trimaran Advisors has refinanced a CLO originally issued in 2014 via an applicable margin reset (AMR) auction, joining a handful of managers to the innovative way of refinancing. More online repricings are expected to follow, as the issuers scramble to lower their funding costs.

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By Paola Aurisicchio
24 Jun 2021