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Live EU CLO Deals Already Achieving IRR Incentive Levels

The table below lists the outstanding EU CLO deals that have already met their IRR incentive fee thresholds of 12%, supported by robust equity distributions. As expected, most of these deals were issued in 2016 or earlier, and all but one were reset—effectively extending the life of the deal and enabling equity distributions sufficient to meet the IRR thresholds. Collectively, the total incentive fees distributed to date amount to approximately EUR 24 million.

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