US CLO issuance falls 21% as equity returns compress, Egan-Jones says

Verifying
  • Egan-Jones reported slower US CLO issuance amid compressed returns for equity investors.
  • 98 deals totaling $40.5 billion were issued in August, down 21% by count.
  • 1,613 rated CLO transactions showed stable to slightly improved collateral credit quality in August.
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