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5/24 EU CLOs: First Reported WAS vs WACC Since 2013

EU CLOs: First Reported WAS vs WACC Since 2013 Based on the first reported WAS (with floors) available for 2021 vintage deals, their net collateral interest margin of 1.96% is at its widest since 2018.The average 2021 deals’ first reported net collateral interest margin without floors (derived by Intex) at 1.94% is largely in line…

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