ING closed a CLO for more than $400 million, according to sources. Almost $2 billion in new CLOs have priced in May.

ING Alternative Asset Management priced the $410 million CLO through Credit Suisse, according to Standard & Poor's Leveraged Commentary and Data. The 10-year CLO will invest the largest portion of its assets in triple-A rated assets but also invest in B and C-rated assets as well as subordinated notes.

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