Record euro CLO market heads for strong autumn
European CLO new issuance this year has already broken 2.0 era records and a strong supply of leveraged loans and managers wanting to issue will lead to even more supply over the autumn.
According to Bank of America Merrill Lynch analysts the €10.8bn of new issuance by the end of August was the highest volume issued for the first eight months of the year since the market restarted post-crisis in 2013.“The visible new issue pipeline suggests a moderate primary activity ...
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