TITLE

Fortunes Favor CLO Revival in 2011

AUTHOR(S)
Kellerhals, Richard
PUB. DATE
January 2011
SOURCE
High Yield Report;1/10/2011, Vol. 22 Issue 2, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the bullish outlook of analysts at Wells Fargo and JPMorgan for collateralized loan obligations (CLO) issuance in the leveraged loan market in 2011. Correspondingly, they predict that CLO issuance will average between 10 billion U.S. dollars and 15 billion U.S. dollars in 2011 to double in 2012, averaging between 25 billion U.S. dollars and 30 billion U.S. dollars. The factors that will likely drive the CLOs are presented.
ACCESSION #
57342585

 

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