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Structured
BofA Merrill markets Symphony CLO, reports Bloomberg
Thursday, April 15, 2010
Bloomberg reports that Bank of America is in the market with a $500 million CLO to be managed by Symphony Asset Management. The deal will consist of a $317 million senior piece and a $113 million tranche rated Ba2 by Moody’s, according to the article.
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CFlux secondary
CLO index levels:
| Index | 14 May |
|
| CFlux USD AAA | ↑ | 96.0 |
| CFlux USD AA | ↑ |
87.7 |
| CFlux USD A | ↑ | 85.1 |
| CFlux USD BBB | ↓ | 77.2 |
| CFlux USD BB | ↑ |
75.9 |
| CFlux USD EQ | ↓ | 76.7 |
