New Issue Spreads Tighten With Columbia CLO

29 Aug 2012

The top-rated tranche of a new $413.2 million collateralized loan obligation from Columbia Management sold at a spread that is tighter than any non-static, new-issue CLO seen since late June.

The top-rated tranche of a new $413.2 million collateralized loan obligation from Columbia Management Investment Advisers sold at a spread that is tighter than any non-static, new-issue CLO seen since late June. The $245.5 million A-1 class of bonds from CENT CLO 16 were bought up by investors at ...

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