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Control of 2013 US CLO changes hands amid talk of low 20s valuation
8 years ago
A $50 million b-wic featuring control of Mountain Hawk CLO II traded yesterday, according to market sources. The CLO has recovered somewhat after a rocky 2016, but price talk on the equity tranche suggested future distributions will be low -
Rare controlling equity b-wic casts light on CLO fee-sharing deals
8 years ago
CLO investors get a rare chance later today to buy a controlling equity stake in a US CLO complete with a share of the deal's management fees
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