US CLO market is tentatively open

Is the fog of battle in the CLO market finally clearing? It just might be, with the Carlyle Group closing a $450m CLO, CCP Financing 1, a traditional CLO structure, with senior secured bank loans as collateral. JP Morgan is the structurer. Meanwile, Invesco is expected to close its $435m CLO, Hudson Canyon Funding II, next week. Read EuroWeek this week to find out if the market is coming back.