Monroe debut CLO unfazed by slowdown and loophole talk

By Will Caiger-Smith
30 Apr 2015

A crunch in US leveraged loan supply has not deterred Monroe Capital from bringing its first ever broadly-syndicated CLO, even as European regulators talk of closing a ‘loophole’ in risk retention.

The Chicago middle market lender’s first deal in the higher rated broadly syndicated CLO space is expected to comply with risk retention rules in both the US and Europe, potentially helping it price tighter to offset some of the premium middle-market lenders are often forced to pay ...

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