Pair lead quest for €20bn year in euro CLOs

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Pair lead quest for €20bn year in euro CLOs

US based asset managers Pramerica and Carlyle are working on what may prove to be the first European CLO deals of the year. Investor demand lower down the capital structure remains a concern for the market but some players think relative value arguments could help redress that and push issuance towards €20bn in 2015.

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