CLO market to rebound?
More good news for private equity (private equity news) firms. The collateralized loan obligation market seems poised for a recovery. Reuters reports that three new CLOs are in the works, after the successful pricing of one last week. While no 'new money' CLOs are on tap, three new CLO funds for private equity firms including Apollo and Blackstone (Blackstone news) could be priced in weeks. Article
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