Ramp Benefit to U.S. CLO Investors May Decline
Banking & Financial Services / United States / Tue 29 May, 2018
High portfolio ramp has meant higher portfolio certainty for new collateralized loan obligation (CLOs) so far in 2018. However, the proportion of assets actually purchased and currently in a CLO portfolio at close may fall or CLOs may start deferring issuance if the current high demand prevents managers from sourcing new institutional leveraged