European CLOs push for €5bn with cov-lites on rise

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European CLOs push for €5bn with cov-lites on rise

stephen schwarzman

Blackstone/GSO and Pramerica are vying to take European CLO 2.0 supply over €5bn this year as the asset class continues to exhibit strong performance, with risk appetite pushing up the proportion of cov-lite loans in portfolios.

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