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Home » Store » Issuance » CLO Issuance Is on the Rebound but Market Remains Wobbly, Vulnerable to Macro Risks

CLO Issuance Is on the Rebound but Market Remains Wobbly, Vulnerable to Macro Risks

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Participants in collateralized loan obligation deals remain optimistic about the future of the market although they caution that macroeconomic issues might still derail the product’s slow return. In a panel discussion hosted by Standard & Poor’s last week, CLO market executives maintained a positive outlook for CLO performance as the market experienced a resurgence early this year. The market collapsed after the financial crisis but has apparently been resuscitated by investors hungry for high-risk, high-return securities. CLOs acquire...
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