At least two CDOs backed by SME collateral priced in Japan's CDO market last quarter, leading to anticipation that SME CLOs will be the busiest area of issuance for this growing Asian market place.

In addition to other deals, Wakaba Co. Ltd. and Wide Area CLO were noted by analysts from Moody's Investors Service as emerging structures that closed last quarter.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.