US CLO market growth continues as Europe contracts

Carlyle and GSO dominated the latest rankings of global CLO managers produced by ratings agency Moody’s.

The US CLO market continues to grow, with total issuance reaching $45 billion in the first half, according to ratings agency Moody’s.

Even accounting for redemptions, the CLO market in the US grew by $23 billion in the first six months of the year, a far cry from the European market where redemptions and subdued issuance of €4.6

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