CLO market set for pause to digest oversupply
The CLO market is expected to take a pause after the oversupply of the first months of the year, allowing investors to digest the unprecedented volume of new issue, refi and reset, and giving much needed breathing space to market participants. Managers, sources say, are in less of a rush to lock in tight spreads, as the market is considered healthy and more stable in the medium term.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: