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Agreement includes accordion facility
The financing follows the completion of site's construction
Technicals strong and CLO issuance continues, though participants stay cautious on loan selection
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Nuveen, KKR line up with more resets likely to emerge from late-2022 deal vintage -
Anchorage reset achieves tightest BBB spread since September
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Regulations to favour CLO investment, which could tighten triple-A spreads
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CLO carry can beat fixed rate appreciation even in case of rate cuts, while credit spreads also have room to rally
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Ratings agency expects flat to lower issuance in 2024
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Private credit-induced boom in issuance should continue, says BofA
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