PGIM prints five-year US CLO as investors brace for spreads to move wider
PGIM has marked a quick return to the US primary CLO market by pricing Dryden 106 on Tuesday via Nomura. But the overriding feeling is that primary CLO spreads are vulnerable to another bout of volatility
Subscriber-only article
This article is available only to Creditflux subscribers and free trial users within 30 days of publication.
Already a subscriber? Not logged in? Click here to login.
If you have not already done so,
you may request a FREE TRIAL by clicking here
This trial will give you:
- 4-weeks' free online access to our
most recent subscriber-only articles - Daily breaking news alert sent by email
- A print copy of Creditflux
If you currently have a free trial, you will see this message when you try to view articles older than 30 days.
Related Stories
- CVC joins short-dated trend for latest US CLO 12 hours ago
- CSAM gets happy ending as CLO 69 prices 13 hours ago
- European WAL test language is getting a little looser finds Dealscribe 13 hours ago
- New short-dated CLO brings triple-As down to 132bps 18 hours ago
- Oaktree makes it two new US CLOs this year 18 hours ago
CLOs
- CVC joins short-dated trend for latest US CLO 12 hours ago
- CSAM gets happy ending as CLO 69 prices 13 hours ago
- European WAL test language is getting a little looser finds Dealscribe 13 hours ago
- New short-dated CLO brings triple-As down to 132bps 18 hours ago
- Oaktree makes it two new US CLOs this year 18 hours ago