US CLO new issuance in November stood at US$12.9bn across 21 issues taking the total YTD new issuance volumes to US$108.2bn from 192 issues, the strongest over the past three years. Within Europe, CLO new issuance in November picked up significantly to €4.8bn across 11 transactions vs €1.8bn in October, taking the total new issuance to €19.4bn from 47 issues, comfortably passing the European new issuance of €16.8bn in 2016. Over the month the NAV rose by 0.4% and stood at 74.57c at the month end ....
