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February 01, 2019  

Conduit Prices Retrace Lost Ground

The benchmark classes of the year’s first two conduit deals were being shopped this week at prices indicating that the sector has rebounded from its December swoon.Meanwhile, the commercial real estate CLO sector revived, as Bridge Investment priced a $600 million transaction that had been pulled from the market in December. The successful execution, albeit at lower prices than expected when the deal was initially shopped, was good news for...

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