EU CLO volume could hit €18bn, US firms prep debuts
New issuance of euro CLOs could hit €18bn by the end of the year, according to Bank of America Merrill Lynch, and more new issuers from across the Atlantic are looking to issue European deals.
The bank noted that after a slow start to the year, issuance has accelerated and that its initial forecast of €15bn would likely be exceeded.
Along with established European issuers, a number of debut deals from American managers were seen in 2017.
Brigade, Onex and HPS
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