ARTICLE
30 August 2017

CLO Formation Is Strong Because CLO Performance Has Been Extraordinary

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Maples Group

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The Maples Group is a leading service provider offering clients a comprehensive range of legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services.
European CLO total annual issuance for 2016 was the highest post financial crisis, with €16.8 billion being issued from 41 transactions.
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European CLO total annual issuance for 2016 was the highest post financial crisis, with €16.8 billion being issued from 41 transactions. Year to date 2017 is ahead of the same period in 2016. With default rates at these levels it is clear why there continues to be investor appetite for CLOs.

CL formation is strong because CLO performance has been extraordinary.

CLOs: The Big Long

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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