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European middle market CLOs could rise in 2024: despite some challenges

8 April 2024 / Author(s): Alex Martin , Dan Marcus
Issue: April 2024 / Categories: In Practice
Company: Latham & Watkins

Collateralised loan obligations (CLOs) are a prominent feature in the European capital markets landscape. Last year, public issuance of CLOs in Europe generated a volume of €26bn from 69 deals, remaining relatively steady from 2022 despite a slow start to the year. However, the market is off to a strong start in 2024, with year-to-date volume at the end of February standing at €6.3bn and with market participants predicting a bumper year.

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