It’s been a tentative post-summer return for the CLO market with just three new issue CLOs pricing so far in the U.S. this month, and the Dryden XXVII tap providing Europe’s only new issue activity to date. Still, a number of transactions are expected to price this week, ahead of the IMN’s ABS East Conference in Miami next week (Sept. 21-23).
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Global CLO issuance in 2014 stands at $97.71 billion, according to LCD.
LCD subscribers can click here for full story, analysis, and the following charts:
- Deal pipeline
- US arbitrage CLO issuance and institutional loan volume
- European arbitrage CLO issuance and institutional loan volume