European CLOs embed anti-priming language in docs in "win for everyone"
European CLOs have begun to embed 'anti-priming language' in documentation, in what sources describe as a 'win for everyone', giving managers further flexibility in a restructuring and preventing CLOs from being squeezed out by other creditors
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.
Related Stories
- Mezz tiering takes hold in Europe as investors take their pick of deals 2 hours ago
- New Invesco Euro CLO prices wide of recent market levels 3 hours ago
- Fidelity Investments prices new US BSL CLO with AAAs at 131bps 17 hours ago
- Blackstone resets Reese Park CLO for a second time 18 hours ago
- Reissued Barings CLO gets a reset as well 20 hours ago
CLOs
- Mezz tiering takes hold in Europe as investors take their pick of deals 2 hours ago
- New Invesco Euro CLO prices wide of recent market levels 3 hours ago
- Fidelity Investments prices new US BSL CLO with AAAs at 131bps 17 hours ago
- Blackstone resets Reese Park CLO for a second time 18 hours ago
- Reissued Barings CLO gets a reset as well 20 hours ago