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IRR of a recently redeemed EU CLO deal

IRR of a recently redeemed EU CLO deal Aurium CLO II (managed by Spire Partners) has been redeemed recently. This deal closed on 22 Jun 2016 and made its first payment on 13 Jan 2017. Its equity tranche registered an impressive IRR of 14.4% – assuming an issue price of EUR 95. The IRR would…

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