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SecuritizationCLOs-CDOs

CLO pipeline builds but managers nervously eye defaults

Covid_domino_575px_adobe_18Jun20

The fractious final phase of the presidential election has suspended CLO issuance since October 30. New issuance is expected to resume at steady pace through to the end of the year, but CLO managers say they are concerned about a new wave of defaults as the economy limps into 2021.

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