CLOs: An Expanding Platform

Industry participants are predicting that new CLO issuance in 2013 will reach $65 billion to $75 billion and, in fact, issuance so far in 2013 is on a pace that would exceed that amount. 2013 will also see an expansion of the CLO market into new asset classes and new markets, and a return of the European CLO. However, there continue to be regulatory and market challenges for CLOs. In this chapter, published in the 2013 edition of The International Comparative Legal Guide to: Securitisation, SRZ partners Craig Stein and Paul N. Watterson, Jr. discuss the growth in the CLO market.

The International Comparative Legal Guide to: Securitisation is published by Global Legal Group Ltd, London.