TwentyFour AM heaps praise on ICG for CLO's enhanced investor protections

By Hugh Minch

TwentyFour Asset Management has hailed Intermediate Capital Group for enhancing documentation protections for mezzanine debt investors in its latest European CLO that priced last Monday via JP Morgan

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TAGS: Europe CLO ICG TwentyFour Primary market

Comment by: Anonymous. Posted 1 year ago [2023-03-10 13:13:24]

Borrowers offer concessions to creditors when the need to, not because they want to.