Global CLO trading lab: bank sells $834 million triple As in quarterly reallocation as hedge fund trades CLO equity

By Charlie Dinning

Friday, October 22, 2021

Thursday’s secondary CLO market was the busiest of 2021, with over $1 billion of US CLOs on offer. This featured an enormous b-wic worth $834.3 million, where sources have told Creditflux of the bank behind the aucton. While a large credit hedge fund is said to have sold out of control CLO equity 

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TAGS: Europe CLO Secondary market Ares Oak Hill Palmer Square Pricing Eaton Vance Elliott Performance State Street North America PGIM Elmwood AGL

View details on CLO-i: Ares XXXVII Eaton Vance 2019-1 Elmwood CLO III

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