Typically, newer vintage deals tend to be ‘cleaner,’ but apparently, the 2021 EU CLO single-B MVOC metrics do not look as good compared to those of more seasoned deals (2016-2020). The next table shows the BB MVOC metrics for each semi-annual vintage. Notably, the 2H 2022 and 1H 2023 semi-annual vintage deals have some of the best MVOC metrics.
