CLO market waits for dust to settle before deal flow restarts

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CLO market waits for dust to settle before deal flow restarts

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London, UK - May 5th 2020: Donald Trump and Joe Biden pin badges, pictured of the USA flag. The two men will be battling eachother in the 2020 US Presidential Election. | chrisdorney - stock.adobe.com

As Tuesday's vote count looks likely to drag into Thursday without a clear winner in the US presidential race, the CLO space is likely to remain stalled through next week after managers raced to get ahead of the US election to price around $13bn of deals in October.

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