US CLO double Bs struggle as 2020 deal drops 40 cents in three months

By Sayed Kadiri

A gap is emerging between single A US CLO tranches and junior CLO debt after $33 million of single As changed hands yesterday via a b-wic with prices between 82 and 87 cents. But a 2020 CLO shows how fast and sharp the decline has been for junior CLO paper

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TAGS: CLO Secondary market Carlyle Octagon Palmer Square Pricing York Barings North America