CLO managers to jump into action as Covanta loan proposal omits spread adjustment

By Sayed Kadiri

Wednesday, November 09, 2022

Covanta Holdings is the latest example of a US loan issuer looking to switch benchmark from Libor to Sofr, but without an accompanying credit spread adjustment

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TAGS: CLO Anchorage Carlyle Oak Hill Barclays Pricing Leveraged loans North America

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