Goldman prices Oak Hill CLO in tightening market

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CLOs

Goldman prices Oak Hill CLO in tightening market

Ross Lancaster
May 07, 2015 07:30 PM
Goldman
FILE - In this March 15, 2012 photo, a trader works in the Goldman Sachs booth on the floor of the New York Stock Exchange. Goldman Sachs more than doubled its first-quarter profits and announced plans to raise its dividend Tuesday, March 17, 2012. The strong results masked other problems, including a 16 percent decline in revenue. To make up for that, and to propel earnings higher, Goldman turned to cost-cutting. (AP Photo/Richard Drew) | Richard Drew/AP

Goldman Sachs priced a €416.7m CLO late last Thursday in a tightening market, but while demand is high for paper, leveraged loan issuance is falling.

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