US spreads grind below 120 bps with new Oak Hill CLO

By Shant Fabricatorian

Standard-duration US CLO triple As have cracked 120bps for the first time since the spike in spreads caused by Liberation Day, with Oak Hill Advisors' OHA Credit Funding 23 printing its top-of-stack paper at SOFR plus 119bps

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TAGS: CLO Citi Oak Hill Pricing Primary market North America