CLO issuers sound out euro market on new structures

By Tom Brown
16 Apr 2020

Several CLO issuers have been sounding out the European sector in recent days in the hope of issuing a deal, with Permira Debt Managers and Oaktree Capital both said to be marketing transactions.

The US CLO market has been reopening with a raft of new static CLO transactions, where managers do not actively manage the loans in the transactions. The European market has so far remained closed after the Covid-19 lockdowns.

“The outlook on portfolio companies is a bit starker here ...

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