The big CLO-down? Loan scarcity puts brakes on dealflow

By Will Caiger-Smith
19 Mar 2015

Despite a glut of new CLO issues this week, a slowdown in US leveraged loan supply has led to a drop in the creation of new asset warehouses this year, according to market participants.

After a quiet January, new issue CLO supply picked up gradually in February and March, with at least six broadly syndicated deals being priced this week, according to GlobalCapital data.

However, some market participants poured cold water on the increase in new issue CLO supply, saying it was ...

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