Last week was the busiest of the year for the U.S. CLO market, with seven new CLOs printing for $3.91 billion. Other busy weeks this year include the week ended Feb. 6, in which seven deals printed for $3.53 billion, and the week ended Jan. 30, in which six deals printed for $3.44 billion, according to LCD.
Europe also saw a new print, and from a first-time manager to boot.
After the busy week, year-to-date statistics are as follows:
- Global volume rises to $20.79 billion.
- U.S. CLO volume rises to $18.44 billion for 34 deals, versus $14.20 billion for 28 deals in the same period last year.
- European CLO volume rises to €2.08 billion for five transactions, versus €1.65 billion for four deals in the same period last year.