💥Creativity in BK?!💥

Preemptive VC rounds, Diamond Sports, Fitness & more

👍Winners & Losers of the Week 👎

Winners

1. CLO Issuers. US CLO issuance through mid-June reached $76b, up 125% from last year’s pace, according to LCD. In addition to new issues, existing CLOs eligible for refinancing are taking advantage of the tightening spreads to lock in lower interest rates. Bloomberg reports that the non-call period across many p…