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2014 US and EU CLOs: CLO Equity (“Amortized”) Price Vs Latest Equity NAV

2014 US and EU CLOs: CLO Equity (“Amortized”) Price Vs Latest Equity NAV Table 1 shows the gap between the target (“amortized”) 2014 vintage US CLO equity tranche price (13 Aug) needed to get to a 12% IRR (assuming an issue price of $95) and their latest CLO equity NAV. The average gap stood at…

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