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SecuritizationCLOs-CDOs

Managers condense, split CLO warehouse to deal with Covid stress

Clock_AdobeStock_575x375_10March20

Faced with a difficult leveraged loan market and volatility in CLO debt spreads, managers through the Covid crisis have often shortened the duration or split their warehouses to deal with the stress brought on by the pandemic, according to a study from Maples Group.

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