Credit Brief: The Go-To CLO Buyers; Riskiest of All Bets

April 21, 2023, 12:00 PM UTC

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  • Dealmakers in US collateralized loan obligations are counting more than ever on an old friend: Japanese banks;
  • The restructuring of China Evergrande Group’s massive debt pile has been one of the riskiest bets in all distressed investing, but one investor says he feels safer as a creditor in China than in Switzerland;
  • Why US sales of bonds designed to help companies do good are plunging.

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Taryana Odayar in New York at ...

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