CLO new issuance in the US slowed during July with 14 transactions raising a total of US$8.4bn, half of the amount raised in June. However, within Europe, CLO issuance remained at the same pace as the previous month with a further €1.6bn raised across 4 transactions. YTD CLO issuance stands at US$60.8bn across 107 transactions within the US and €10.0bn across 25 transactions in Europe. CIFU NAV as at 31st July stood at 74.7c up 1.5% on a total return basis on the previous month. Shares are curre ....
22 Aug 2017
N+1 Singer - Carador Income Fund - Slowdown in US new CLO issuance, but continued portfolio activity
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N+1 Singer - Carador Income Fund - Slowdown in US new CLO issuance, but continued portfolio activity
- Published:
22 Aug 2017 -
Author:
Paul Glover -
Pages:
3
CLO new issuance in the US slowed during July with 14 transactions raising a total of US$8.4bn, half of the amount raised in June. However, within Europe, CLO issuance remained at the same pace as the previous month with a further €1.6bn raised across 4 transactions. YTD CLO issuance stands at US$60.8bn across 107 transactions within the US and €10.0bn across 25 transactions in Europe. CIFU NAV as at 31st July stood at 74.7c up 1.5% on a total return basis on the previous month. Shares are curre ....