CLO new issuance in the US picked up significantly in August with US$12.4bn raised across 25 transactions being the second busiest month so far this year. Elsewhere new CLO issuance in Europe was half the volume seen in July at €0.8bn with just two transactions. YTD CLO new issuance volumes now stand at US$73.3bn across 132 CLOs within the US and €10.8bn across 27 CLOs in Europe. NAV as at 31st August stood at 74.86c up 0.21% on the previous month. Shares are trading on a discount of 3.3%
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N+1 Singer - Carador Income Fund - High new CLO issuance within US
- Published:
21 Sep 2017 -
Author:
Paul Glover -
Pages:
3
CLO new issuance in the US picked up significantly in August with US$12.4bn raised across 25 transactions being the second busiest month so far this year. Elsewhere new CLO issuance in Europe was half the volume seen in July at €0.8bn with just two transactions. YTD CLO new issuance volumes now stand at US$73.3bn across 132 CLOs within the US and €10.8bn across 27 CLOs in Europe. NAV as at 31st August stood at 74.86c up 0.21% on the previous month. Shares are trading on a discount of 3.3%