Static shock: short-dated CLO spreads rally as Palmer Square prices new CLO

By Seth Brumby

Palmer Square Capital Management produced its fifth static CLO of 2018 on Friday in a $501.45 million deal, which priced tighter than its previous static CLO from September. That's despite the fact that CLO spreads, in general, have widened over that period 

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TAGS: Primary market Pricing Palmer Square Citi North America CLO