US CLOs: 89 Deals Missed Their Modeled Collateral Spreads by over 20bp (Breakdown by Manager and Dealer) Since 2013 The underlying modeled collateral spreads are important for equity investors as these modelled spreads are key in determining CLO equity tranche issue price.If a deal were to report a much lower first reported collateral spread, the…
Clopremium > Blog > Basic Premium > 5/24 US CLOs: 89 Deals Missed Their Modeled Collateral Spreads by over 20bp (Breakdown by Manager and Dealer)
5/24 US CLOs: 89 Deals Missed Their Modeled Collateral Spreads by over 20bp (Breakdown by Manager and Dealer)
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