Volatility slows first CLOs as debt investors hunt wider spreads

Volatility
By Sam Kerr
20 Jan 2016

Volatility has slowed the pricing of the first US CLO deals of the year as debt investors seek wider spreads amid deepening uncertainty in the broader markets.

The deals, Voya CLO 2016-I and Babson 2016-I, came to market earlier this month. However, turbulent market conditions on the back of economic turmoil in China has brought both deals to a standstill this week.

According to an investor and a CLO analyst with knowledge ...

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