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Europe takes brunt of spread blowout as US inflation exceeds forecasts
1 year ago
The gap in performance between European and US credit has yawned wider on Wednesday, with investors adding hedges indices in response to a key inflation number that came out higher than expected -
Bankrupt Hertz runs out of gas with CLOs holding $245 million
3 years ago
CLOs hold $245 million of Hertz’ debt as the US-based car rental company drives into bankruptcy protection, with the coronavirus panedemic putting brakes on the Estero, Florida-headquartered's firm car rental operations
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