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Strong run helps CLOs shrug off Altice downgrade

It may be the largest triple C downgrade in years, but the CLO market is relatively unperturbed by Altice’s fall from grace....

Funds

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  • Fund performance

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CLOs

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  • Distress rises in US CLO double Bs — but most have been in trouble for years

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  • 2022 vintage deals score again as COLF is called with 49% gross IRR

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Comment

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Analysis

  • What do reset deals have in common?

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