November in CLOs: Records are made to be broken after all

Primary volume, CLO size and AAA spread records tumble as CLO bull run continues

As each month passes, it gets harder and harder to avoid simply saying “more of the same” to describe activity in the global CLO market. That is especially true this month, where the emphasis is on the ‘more’ as issuance totals keep climbing higher, and spreads continue their relentless march