The latest pricing of the reset of Allstate’s AIMCO CLO 18 saw its WACC tighten by a significant 87 bps, from 255 bps to 168 bps, despite refinancing two of its deeply out-of-the-money fixed-rate tranches, and its reinvestment period increased by 2 years. In fact, its blended WACC based on DM was the tightest year-to-date…