US CLO market in good health despite spluttering primary
July 20, 2023
Great article by Tom Lemmon in GlobalCapital on how the US CLO market is fundamentally in good health, featuring KopenTech's Rob Shrekgast. According to Rob, despite a slow start in new issuances in the US CLO market during the first half of the year, the market remains healthy. Successful BWIC volumes, an indicator of market health, have remained steady around $2 billion each month, suggesting market participants are calm and sellers are comfortable with market conditions.
