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Prepayments pose reinvestment dilemma for CLO managers
6 years ago
CLO managers globally could be left sitting on piles of cash amid an uptick in loan prepayments. Standard & Poor’s reported that institutional US loan prepayments had hit $26 billion in July, and more recently some widely-held CLO names are set to return principal to lenders, with financial data provider Refinitiv US Holdings and Italian telecom operator Wind Tre taking this route. -
Alcentra continues hot fundraising streak with new global credit offering
8 years ago
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund
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