Europe’s CLO market waiting to pop, says Citi

20 Nov 2009

Collateralised loan obligation (CLO) issuance could soon return to Europe and boost the static leveraged loan market, Citi said on Wednesday.

"As with the long-awaited birth of a new baby, there is a lot of speculation as to size, shape and complexion, but the market has the feel of one approaching the ninth month," said analysts in a report.

Talk of a return of leverage to the loan market ...

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