14% of 2016 CLOs left waiting amid refinancing wave

By Hugh Minch

One of the most prominent CLO market trends this year is the relative decline of the refi compared to previous eras, as wider spreads make these often costly transactions less economical. But one vintage has stood out as an exception: CLOs issued in 2016 have driven 65% of refi activity this year

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TAGS: Refinancing CLO CIFC CSAM Carlyle BlueMountain Pricing York North America