Investor offloads CLO in secondary as clock ticks towards redemption
A junior debt investor in a legacy CLO has decided against waiting for the deal's liquidation date on 22 January and has instead offloaded its position in the secondary CLO market
Subscriber-only article
This article is available only to Creditflux subscribers and free trial users within 30 days of publication.
Already a subscriber? Not logged in? Click here to login.
If you have not already done so,
you may request a FREE TRIAL by clicking here
This trial will give you:
- 4-weeks' free online access to our
most recent subscriber-only articles - Daily breaking news alert sent by email
- A print copy of Creditflux
If you currently have a free trial, you will see this message when you try to view articles older than 30 days.
Related Stories
- CVC joins short-dated trend for latest US CLO 7 days ago
- 2022 vintage deals score again as COLF is called with 49% gross IRR 8 days ago
- CVC leaves triple As unchanged in rare refi 1 month ago
- CVC refinances 2016 vintage Apidos CLO XXV 1 month ago
- CVC keeps it tight for new European CLO 1 month ago
CLOs
- WAMCO keeps the resets rolling with rework of 2023 CLO 7 hours ago
- Elmwood resets 2021 vintage US CLO 7 hours ago
- Ares add new European CLO to its roster 7 hours ago
- Sona returns to debut CLO to draw-down single B tranche 7 hours ago
- Blackstone makes it three new European CLOs this year 8 hours ago