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A Tale of Two Sets of EU CLO Deals: Fast vs Slow Post-RI Prepay

The next table displays the post-reinvestment (RI) end date prepayment rate ranges for 48 ‘equity-friendly’ deals with less than 10% total prepayment rates during the first two years following the RI end date. Analysis of the median deals indicates that prepayment rates remained minimal in the first three years of the post-RI period.

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