Allstate prices tightest new CLO post-covid

By Hugh Minch

Allstate Investment Management Company has priced the tightest new issue US CLO since the covid-19 led sell off. The manager teamed up with JP Morgan to price the $448.55 million AIMCO 11, which has weighted funding costs of 183.9 basis points

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TAGS: JP Morgan CLO Allstate Pricing Primary market North America