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Sunday, 16 June 2019

CLOs

Norinchukin Bank logo

CLO spreads widen as Japanese pull back

IFR 2288 15 June to 21 June 2019

Slowing investment by Japanese financial institutions has pushed pricing on the most senior tranches of European CLO funds to its widest point in nearly three years as investors such as Norinchukin Bank scale back multibillion-dollar investments.