Low spreads to boost CLO issuance

摘要

US CLO debt investors are receiving some of the lowest coupons since 2013, helping to counter a massive loan repricing wave, which should boost the issuance of new funds. gso capital partners raised a US$611.4m CLO on Wednesday that includes a US$384m Triple A slice that pays investors Iibor plus 126bp, the tightest spread since September 2013, according to data compiled by Thomson Reuters LPC Collateral.