Latest news
Latest news
Persistent collateral overlap between CLOs leads to similar spreads, despite differences in manager strategy
Some of the deal’s tranches price tighter than RBC BlueBay’s previous deal, despite Iran war volatility
At least 12 European CLOs are in the pipeline across new issue and reset deals
More articles
More articles
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Triple-A tranche comes 32bp wider than at first reset -
Managers may launch CLOs that combine BSL and private credit loans as weak equity arbitrage persists
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Triple-As price only 4bp wide of recent market tights as manager avoids issuing single-B rated notes
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Pricing on double-A and single-A rated notes tightens below initial guidance
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Manager tightens triple-A spread by nearly 30bp relative to the original deal
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Triple-A rated notes' pricing widens by 36bp from CLO's first reset in 2019
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Manager increases deal’s size and tightens triple-A spreads by 2bp relative to the original deal
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Manager opts for dual currency structure in deal that allows interest on double-A rated notes to be deferred
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Deal’s triple-A rated notes price 1bp tighter than Redding Ridge’s previous transaction
