CLOs win reg reprieve, but loan shortage still prime concern
The District of Columbia Court of Appeals ruled on February 9 that CLO managers should be exempt from risk retention rules, a move that will make the business less capital intensive and could spur an increase in smaller managers. But with loans still trading tight, despite volatility spiking elsewhere in credit markets, finding collateral is still the biggest challenge in the market.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: