Redeemed EU CLO BBB Tranches: WALs and IRRs By Vintage 165 redeemed BBB tranches (original and refinanced/reset) are included in this sample. BBB tranches with no publicly published issue price or discount margin (DM) are not included. The table below shows the average WAL and IRR by vintage (based on the tranche closing date). 20132014201520162017201820192020AllCount113151227184831165WAL3.673.112.192.213.242.632.121.102.27Average4.25%3.84%4.71%5.01%3.10%3.24%3.96%5.40%4.15%Percentile 90%4.25%4.51%5.32%6.20%3.50%3.78%4.31%7.49% 75%4.25%3.91%5.06%5.31%3.33%3.63%4.11%5.83% 50%4.25%3.74%4.80%5.02%3.18%3.33%3.97%4.36%3.93%25%4.25%3.54%4.33%4.61%2.81%3.06%3.70%4.11% 10%4.25%3.51%3.92%3.82%2.58%2.43%3.62%3.89% …
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Tags:BBB-rated Tranche
