Control of 2013 US CLO changes hands amid talk of low 20s valuation

By Sayed Kadiri

A $50 million b-wic featuring control of Mountain Hawk CLO II traded yesterday, according to market sources. The CLO has recovered somewhat after a rocky 2016, but price talk on the equity tranche suggested future distributions will be low

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TAGS: CLO Secondary market Pricing Western North America

View details on CLO-i: Mountain Hawk II