Secondary seller knocks back CLO bids as trade count plummets

By Sayed Kadiri

Secondary CLO activity picked up yesterday as four bid lists circulated among investors. Sources say that the b-wic count could rise as the pressure builds on CLO holders to sell

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Comment by: Mike Peterson. Posted 12 years ago [2011-11-01 11:27:47]

Note that Ares European CLO III was originally managed by Octagon, not Oak Hill as we originally said. This has been corrected in the article above. Apologies.