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BNP Paribas places full capital stack, with broadly syndicated investment grade tranches
There is no crock of equity gold at the end of the rainbow
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Several managers are pushing spreads tighter through a quick succession of resets -
Celebrating a CLO market driven by technicals is like praising a merry-go-round for its mileage
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After a stunning first half year, these investment vehicles are here to stay
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Five more managers set to launch resets during a busy summer
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Only new issue in a wave of refinancings showed the compression of manager tiering under strong demand
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Despite concerns over the elusive recovery of leveraged buyouts, demand for paper is expected to keep CLO issuance strong
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