TITLE

CLO Issuance Poised To Set Another Record

AUTHOR(S)
McDermott, Judy
PUB. DATE
January 2006
SOURCE
Investment Dealers' Digest;1/16/2006, Vol. 72 Issue 2, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on issues related to collateralized loan obligation (CLO) issuance in the U.S. According to preliminary data released by Moody's Investors Services Inc., more than 90 CLOs in the country were issued in 2005, totaling about $42 billion. According to Standard & Poor's Corp., CLO issuance in the country increased to 99 deals in 2005 worth about $47 billion, as compared to 66 deals worth $26 billion in 2004. The CLOs continued to be issued at an increasing rate and no slowdown in expected, according to William May, a managing director at Moody's.
ACCESSION #
19512047

 

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