Two new issues have been launched in the suddenly revitalized collateralized loan obligation market in Europe.

Carlyle Global Market Strategies Euro CLO 2016-1 was launched with target par of €400 million (US$457.1 million) in notes backed mostly by senior secured loans and secured bonds. Those secured instruments must cover 90% of the pool assets, while the remainder can include unsecured loans, second-lien loans, mezzanine obligations and high-yield bonds.

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