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Alcentra, the US and European fund manager, set a new benchmark in the European collateralised loan obligation (CLO) market last month with the release of Jubilee VII, the tightest-priced CLO issued in the market to date. The EUR500 million deal, the eleventh CLO issued by the company, broke records all the way down the capital structure, achieving pricing levels ranging from three-month Euribor

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