The pricing of the AIMCO CLO 10 reset was impressive. This reset is accretive, as the deal’s WACC tightened slightly from 177.6 bps to 176.9 bps, and an additional 5 years of reinvestment period were added to the deal. In fact, its reset WACC was the tightest year-to-date in both the reset and primary markets at the time of the pricing.
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