US CLO Manager Report: Carlyle
US CLO Manager Report: Carlyle
US CLO Manager Report: Carlyle
This study examines a sample of 218 deals from 2015 to 2019, utilising the Morningstar European Euro-Denominated Loan Index as...
Following the reset, the deal's reinvestment period extended by 4.6 years, and its WACC decreased by around 4 bps, despite a wider AAA pricing. This was achieved thanks to a more efficient capital structure and tighter pricing in other rated tranches.
The manager, Carlyle, has done well in resetting Carlyle U.S. CLO 2017-2, despite having a low MVOC (BB) of around 102% before the reset...
