CLOs

摘要

As the number of refi and resets in the European CLO space has increased, so has the market "standardisation" of new issuance. conteco iv, which priced on Wednesday, is one of a slew of CLOs that are becoming more and more standardised, according to Gabriele Gramazio, a Moody's analyst. "Changes are minor from one transaction to the other. So it's becoming very commoditised," he said.