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CLO bond spreads widen and investors demand less software exposure
Software rout compounds worries about low issuance volumes
Vincorion is expected to continue defence IPOs later this week
Private credit unlikely to be able to bail CLOs out by refinancing loans
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No consent fee offered for standstill
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Firms "significantly understate" the impact of climate change
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Documentation changed in investors' favour after delays and yield rise
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Investors have whip hand in stressed high yield market
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Naftogaz non-payment could foreshadow a sovereign default