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CLOs/CBOs solid

Category: CLOs CDO

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US CLO primary rumbles on as CBOs perform strongly

The US CLO refi/reset machine rolled on last week with primary spreads narrowing at the top of the stack. At the same time, the CBO sub-sector continues to perform well.

The US CLO primary saw another bumper week last week, with 15 refis/resets and nine new issues pricing.

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