Global CLO b-wic round-up: triple A volumes hit nine-year highs, but equity valuations could be "single digits"

By Charlie Dinning & Tanvi Gupta

Monday, March 16, 2020

Over $2.5 billion of US CLO paper listed in b-wics in last week's manic trading, with a further €435 million of European CLO bonds also on sale. CLO buyers and sellers turned to the safest part of the capital structure – the triple A rated notes – and away from its most illiquid asset class, with no equity bonds listed in either market

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TAGS: Europe CLO Alcentra Secondary market BofA Wells Fargo North America Round-up Pretium

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