Basic Premium

Monitor: US BSL CLO New Issue Arb Trend

The arbitrage metric for new-issue US CLOs has remained largely rangebound. As of February 16, 2024, the latest metric stood at 214 basis points (bps), slightly lower than the median metric for 2023 deals. Another notable observation is the loan index’s moving 4-week average discounted spreads, which have stayed remarkably flat over the past five weeks!

For existing premium subscribers, please log in here

If you like to find out more about premium subscription, please submit the form below:

You can unsubscribe from these communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

By clicking submit below, you consent to allow CLO Research to store and process the personal information submitted above to provide you the content requested.