Finishing off the week was a pack of CDO issuers looking to print deals by the half-year mark.

On Wednesday Strong Capital Management priced Forte II, a $300 million arbitrage cashflow high-yield CBO via Merrill Lynch, at a tight 42 basis points over Libor on an unwrapped basis. Forte II, Strong's second high-yield CBO this year, is the tightest high-yield CBO pricing year-to-date. As of June 22, YTD global CDO issuance stood at $37,523 billion, 73% of which were arbitrage and 27% balance sheet deals, according to Douglas Lucas, the director of CDO research at JPMorgan.

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