Friday, February 3, 2017

Triple A spreads fall on Octagon's CLO to offset loan repricing wave

NEW YORK, Feb 3 (Reuters LPC) - Octagon Credit Investors

issued a new Collateralized Loan Obligation (CLO) with one of

the lowest senior spreads seen on a US fund in more than three

years as liability costs move lower to counter a repricing wave

in the US leveraged loan market and keep CLO issuance on track.

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