Bank prices CLO at tighest prints this year

By Sayed Kadiri

Morgan Stanley has priced up a $550 million CLO, according to buy-side sources

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Comment by: Anonymous. Posted 12 years ago [2011-05-17 13:49:24]

This is way too tight and, in my humble opinion, not worth it anymore. There are AAA tranches, both in the primary and secondary, trading at 300bps over, just browse the off-the-run names or the non-standard deals