CLO single Bs to return with higher attachments

By Sayed Kadiri

US CLO equity investors this year seem to be focused on downside risk and this is evident in the lack of single B-rated debt in 2019 CLOs. However, there is demand emerging for a new style of single B-rated tranches that are forcing some equity investors to reconsider their stance.

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TAGS: CLO Highland Secondary market Pricing Primary market Performance North America