JPM eyes record for net US CLO issuance in 2019
JP Morgan believes US net issuance of collateralised loan obligations could hit an all time record of $95bn next year.
The "sticky" nature of CLOs as a source of capital for leveraged lending in an ageing credit cycle would help boost the asset class to new heights, the bank's analysts said in their securitization outlook for 2019. They expect CLOs to grow from holding 50% of the leveraged ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com