What Asset Spread Compression Means for AAA-to-Single-A EU CLO Pricing
What Asset Spread Compression Means for AAA-to-Single-A EU CLO Pricing
What Asset Spread Compression Means for AAA-to-Single-A EU CLO Pricing
Last Thursday (24 April 2025) saw 27 tranches of EU CLO AA bonds, with a total notional of €61.5 million, traded via BWIC. The table below provides colour on some of the AA bonds with top-tier prints. Based on these covers and a simple extrapolation, the term structure of EU AA bonds would appear as shown in the second table.
The table below shows the estimated historical median new issue MM CLO pricing DMs for AAA/AA/A/BBB when the four-week moving...
Partners Group achieved an impressive milestone with an AAA print of 136 bps for its Penta CLO 17 deal on...
