CSAM to add Libor floors to mezz tranches in forthcoming CLO reset

By James Harvey

Tuesday, October 04, 2016

Credit Suisse Asset Management has made significant progress with its planned reset of Atrium VIII, according to market sources. 

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TAGS: Credit Suisse Risk retention CSAM Forthcoming

View details on CLO-i: Atrium VIII

Comment by: Anonymous. Posted 7 years ago [2016-10-10 13:16:59]

Other than targeting investors of a specific class, it strikes me as an operational and risk management headache to place floors on some liabilities and not others.

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