A Short-Lived Period of Record-Tight AAA–BB Differentials in EU CLOs (Updated)

RRE 28 Loan Management CLO achieved a record tight AAA–BB pricing differential on 10 February. However, that record was quickly surpassed by Avoca CLO XXXV, which set a new benchmark in the 2.0 EU CLO market. With its AAA priced at 120 DM and BB at 445 DM — implying a record-tight 325 DM differential — and Mizuho acting as arranger, the timing could hardly have been better.

For existing premium subscribers, please log in here.

If you'd like to find out more about premium subscription, please submit the form below:

Name *

First

Last

Email *

Comment or Message *

CLO Research is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us. From time to time, we would like to contact you about our products and services, as well as other content that may be of interest to you. If you consent to us contacting you for this purpose, please tick below to say how you would like us to contact you:

I agree to receive other communications from CLO Research.

You can unsubscribe from these communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

By clicking submit below, you consent to allow CLO Research to store and process the personal information submitted above to provide you the content requested.

Tags:AAA–BB Pricing Differential KKR

A Short-Lived Period of Record-Tight AAA–BB Differentials in EU CLOs (Updated)

For existing premium subscribers, please log in here.

If you'd like to find out more about premium subscription, please submit the form below:

Recommended For You

Thoughts on Recent RRE 28 Loan Management CLO Pricing

How Much Further Can the US BSL CLO AAA–BB Pricing Differential Tighten?

US CLO Arbitrage — Little Room to Breathe (Updated)

Avoca CLO XXIX: AAA Investors Paying Up at Reset

RRE 6 Reset: AAA Pricing at 131 bps Offers Strong Value (Updated)

OHA Sets Market-Tight AAA at 126 bps—But Delivers Strongest Value

EU CLOs: Reset Counts by Manager

How Much Tighter Can the US BSL CLO AAA-BB Pricing Differential Get?

US BSL CLOs: AAA–BB Pricing Differential by Vintage

Search

A Short-Lived Period of Record-Tight AAA–BB Differentials in EU CLOs (Updated)

For existing premium subscribers, please log in here.

If you'd like to find out more about premium subscription, please submit the form below:

You Might Also Like

Recommended For You

Search

Tag Cloud

CLO Research Group Limited