Financial Management Advisors' (FMA) fourth CBO, FMA IG IV, was brought to market last week via Salomon Smith Barney. The transaction was FMA's first investment grade CBO.

Despite printing at +54/L versus the firm's last deal in Oct. 2000, which came in the low +40s (on a wrapped basis), FMA officials said they were pleased with the transaction and would likely come to market again within the next six months.

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