European CLOs will need tighter triple-As, says leading manager

By Sayed Kadiri

Friday, May 11, 2012

One manager has revealed just how close it came last year to a new European CLO

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Comment by: Anonymous. Posted 11 years ago [2012-05-12 13:50:58]

Fascinating question - my answer would be "None of the Above". While I don't know the answer myself, I suspect it lies with the Eurozone confusion. Ultimately, a CLO is just a vehicle to fund lending. The ECB and national central banks have distorted the funding market to the point that it's difficult to know what is normal.

CLOs

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