Deluxe decline leaves CLOs feeling deflated

By Tanvi Gupta

Deluxe looked decent: trading in the 90s for much of this year, with 60% of its term loan sitting in CLO portfolios. But its rapid descent underlines the dangers posed by idiosyncratic events

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TAGS: CLO Sculptor CIFC Sound Point Invesco Distressed debt MidOcean Leveraged loans Performance North America