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Review: The Reset of Generate CLO 5 and 7

Generate CLO 5, managed by Generate Advisors, was recently reset. The performance of this 2018 vintage deal from an MVOC perspective was solid, with its MVOC (BB) of over 106.5% (before the reset) placing it in the top 90th percentile for that vintage. Holders of the fixed-rate notes, as well as the single-B notes, would…

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