Euro CLO pipeline fills as managers wait for triple-A buyers

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Euro CLO pipeline fills as managers wait for triple-A buyers

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CRE0MP Three playing cards with an A on it, symbolic image for a triple-A rating from the rating agencies | Alamy Stock Photo

CLO managers seeking to issue new deals have been sitting on the sidelines waiting for the return of large investors which had supported supply in the first quarter. But a substantial pipeline of new issues is being built.

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