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EU CLO New-Issue Pricing: A Five-Year Review — From Risk-Off Widening Back to the Tights

The analysis covers new-issue EU BSL CLOs priced since January 2022 with a reported discount margin (DM), sourced from SCI. Deals with reinvestment periods of less than 3.9 years are excluded, as are a selected group of deals that were not competitively priced.

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