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Crescent joins list of US CLO managers to price triple As below 100bp
8 years ago
The deal sees $434.1 million of the senior debt notes refinanced, with the spread on the triple-A rated notes falling to 98 basis points over Libor -
US manager follows CLO's refi with reset after seven months
8 years ago
Latest reset deal follows the refinancing of senior tanches in October 2016 -
MUFG and Crescent bring automated refi mechanism to CLO market
8 years ago
Mitsubishi UFJ Securities priced a first-of-its-kind US CLO late on Friday with the bank embedding the much talked about applicable margin reset (AMR) option into a deal managed by Crescent Capital
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