Resets dominate US CLO pipe as Oak Hill prices
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Resets dominate US CLO pipe as Oak Hill prices

Victoria Thiele, 
Tom Lemmon
April 24, 2024 10:18 PM
An old stop and reset button mounted on a rusted metal plate

As the spread discount for refis narrows, managers are likely to head straight for the reset

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Victoria Thiele
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Tom Lemmon
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