CDOs/CLOs

摘要

Books opened last Thursday on crosvenor place 2015-1, the new €363m CLO from cqs investment management, through Deutsche Bank. The €203.75m 5.3-year Triple A has a coupon of three-month Euribor plus 130bp and is shown at a margin of 130bp area, the €41 m 6.5-year Double A has a coupon of 215bp and is at 210bp area, the €24.75m 6.9-year Single A is at 300bp and a margin of 305bp area, the €19m 7.3-year Triple B at 365bp at a margin of 410bp area, the €24.5m 7.9-year Double B at 540bp at a spread of 625bp area and the €9.75m 8.4-year Single B at a coupon of 665bp at price thoughts of 825bp area. There is also a €40.25m equity slice.