Forecast Gloomy For Smaller European CLO Shops

15 Aug 2007

Market players in London are predicting that smaller European collateralized loan obligation shops are headed for tough times during the next quarter, with some struggling to launch new deals.

—Hugh Leask

Market players in London are predicting that smaller European collateralized loan obligation shops are headed for tough times during the next quarter, with some struggling to launch new deals.

A structured credit official at a U.S. investment bank in London said smaller CLO managers will face difficulties ...

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