Middle market CLOs continue to comprise a small part of primary volumes, driven by CLO mezzanine investors that are attracted to the wider spreads these deals offer.

According to Fitch Ratings’ Oct. 30 U.S. CLO newsletter, over 3Q12, four middle market CLO transactions priced, bringing issuance volumes of $1.4 billion that matched 2Q12 activity for this sector.

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.