B-wic round up: investor flips 2018 CLOs without waiting for the closing date

By Tanvi Gupta

Flipping CLOs is not an unusual trade. But it is when it's done before a transaction has even closed

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TAGS: Secondary market Pricing King Street BlackRock Axa IM ArrowMark Aegon North America CLO

Comment by: Anonymous. Posted 9 months ago [2018-02-26 18:03:27]

Masks true demand. No wonder why the quality of indentures have deteriorated and spreads keep tightening.