Euro CLO volumes set to grow in 2018 after busy year end

CLOs
By Bill Thornhill
11 Dec 2017

CLO volumes look set to finish 2017 well above 2016 levels and should grow again in 2018, according to analysts. Strong demand, particularly at the mezzanine level, is likely to anchor spreads near their currently tight levels.

New CLOs worth €4.8bn were issued in November 2017 according to analysts at Bank of America Merrill Lynch, who wrote in a report published on Monday that the primary market is likely to remain active through December.

So far this month three new deals have been priced including ...

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