Deals reset middle-market expectations

Category: CLOs


Previous Story       Next Story

PREMIUM CONTENT

Regular in-depth analysis, in addition to SCI’s usual news stories

To continue, you need to upgrade your subscription to access this article and all Premium content reports.

Existing Subscribers contact Tauseef Asri: ta@structuredcreditinvestor.com

Already registered?

Not yet registered? Join today to access SCI Content.

Middle-market CLO issuance has picked up again, following a summer lull, and spreads have ground tighter. Investors will be keeping an eye on how tight spreads get, and also on the risk of credit issues as competition for assets intensifies.

When TCP Whitney CLO 2017-1 priced at the start of August it did so at the tightest triple-A spreads for a middle-market CLO all year.

Already registered?

Not yet registered? Join today to access SCI Content.

-