CLO issuance has been surprisingly robust in 2015, but as many industry participants observed at an industry conference in New York last week, it’s likely that the market will be tapping the brakes before the year is out.

Participants pointed to the growing impact of regulation and the narrowing supply of new loans as signs that issuance of collateralized loan obligations might not top last year’s all-time record of nearly $124 billion.   

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