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Tight loan market makes it tricky to ramp CLO portfolios
Reorganisation changes reporting lines
One major bank has underwritten three infra deals in the last week
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KBRA says delinquency was up by 23bp in August, on the heels of July's 34bp increase
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Market was hopeful of some relief but SEC ruling on private fund advisers goes even further
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At least three managers have issued cleansing notices, and more deals are being warmed up, say sources
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Structure caters for those investors wanting to be more than one notch away from triple-C territory
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