Timing of CLO b-wic puzzles market participants

By Mike Peterson

A huge CLO bid list scheduled for Friday (10 March) represents part of the liquidation of a CDO of ABS, according to Creditflux’s sister intelligence service Debtwire ABS

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TAGS: Europe Structured credit CLO Secondary market M&G

View details on CLO-i: Carnuntum High Grade I

Comment by: Michael Peterson. Posted 2 years ago [2017-03-10 16:21:56]

In response to the comment below, June 2090 is the legal maturity according to the CDO's prospectus.

Comment by: Anonymous. Posted 2 years ago [2017-03-10 15:46:07]

Is a legal final maturity of 2090 a typo? I don't know why it should be more than 40 years or so to accommodate the longest possible mortgage in the portfolio.