Are they back? Collateralized loan obligations have rallied a bit, according to Financial News Online. And perhaps just in time. In September, new-issue volume hit nearly $8 billion. That's quite a turnaround from post-crunch lows, when the market came to a standstill. There may have been a bit of pent-up demand, and the news that some big deals found buyers of the debt was a plus. Also, high-yield issues in general rallied. The terms of course seem more favorable now, though few CLOs were actually downgraded this year. So the market may be set to really soar again. This of course is good news for deal-makers, especially private equity firms.  

For more:
- here's the Financial News Online article

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- Perspective on the CLO slowdown
- The hold-up with pending deals continues