In 2015, US CLO issuance totaled $97.3 billion across 187 transactions and 105 managers. The CLO market experienced very strong issuance in the first half of 2015, but market conditions reversed when faced with volatility due to macro growth, oil prices and rate hikes. The market expects 2016 issuances to reach between $50 and $60 billion as the sector continues to face risk retention uncertainties and other market challenges. Fitch Ratings and Mayer Brown hosted a program to discuss the latest developments in this market.
To jump to a specific portion of our presentation, use the links below.
State of Capital Markets: BDCs, Direct Lending and Middle Market Investing
State of Middle Market Lending and BDCs
Regulatory and Accounting Update
Managing CLOs Through the Cycle
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