Volatility gives GSO opening to price 'print and sprint' CLO

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Volatility gives GSO opening to price 'print and sprint' CLO

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Blackstone’s GSO took advantage of a long bout of volatility caused by the fallout from Covid-19 headlines to price a $500m “print and sprint” CLO at the end of last week, accelerating the formation of the deal and navigating volatility to buy loans cheaply and bundle them into bonds.

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