After a significant slow down following the economic turmoil in August, CLO issuance is poised to pick up again as the loan market stabilizes, sources said. Indeed, the pipeline has even continued to grow despite the fact that a number of deals stalled over the summer.

Estimates vary, but there looks to be roughly 10 CLOs in various stages of development in the pipeline, and most sources estimate that six to eight of those will get done before the end of the year. With deals averaging roughly $400 million, that would add another $2.4 billion to $3.2 billion to this year’s total U.S. volume.

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