Ellington goes for two-year reinvestment period as it prices CLO

By Seth Brumby

Ellington Management priced a $478.5 million CLO via Barclays on Friday, continuing its strategy of selecting portfolios with high tolerance of triple C-rated loans

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TAGS: CLO Ellington Pricing Primary market North America

Comment by: Anonymous. Posted 1 year ago [2019-03-01 14:59:07]

I'm curious as to why the F-1 tranche is pricing tighter than the E-1 tranche?