CLO spreads tighten as CSAM prices first US deal of the year

By Hugh Minch

The CLO market tightened today as Credit Suisse Asset Management printed its first US deal this year, with triple As at 133 basis points over Libor

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: Credit Suisse CLO CSAM Pricing Primary market North America

View details on CLO-i: Madison Park Funding XXXIV

Comment by: Hugh Minch. Posted 5 years ago [2019-03-29 09:19:31]

133bp is the third tightest spread in the new issue market this year. The tightest five year CLO print is Carlyle 2015-5, which was reset in January. This article has been updated to reflect this.