Bloomberg
Global CLO Market Approaches $1 Trillion Milestone as Sales Soar
(Bloomberg) — If you listen to people in the trenches, the collateralized loan obligation market is having a great year.The amount of bonds outstanding is now approaching $1 trillion globally, according to JPMorgan Chase & Co., after defying doomsday predictions made during last year’s economic slump, according to attendees at IMN’s virtual CLO industry conference this week. CLOs hold compelling value in every…
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