CLO market persists through macro headwinds
Reluctance from smaller Japanese buyers and the end of a rally in loan prices are likely to dampen CLO volumes through the remainder of 2019, market sources say, although the market thus far shows no signs of abating.
April’s record breaking volumes for new issue CLO prints surprised many given that the outlook for CLOs at the beginning of the year was highly bearish and regulators show continued interest in leveraged lending."Had you asked me what I expected new issue CLO volumes would be ...
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