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What to Make of the Credit Cycle. Part 7.
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What to Make of the Credit Cycle. Part 7.

Jun 05, 2018
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What to Make of the Credit Cycle. Part 7.
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TCW Group recently released its Loan Review through April ‘18 and it is telling. Per the commentary:

CLOs represent nearly 50% of the buyer base for loans and April was a huge month for CLOs to be priced, reset and refinanced. There were 28 new issues and 32 resets and repricings, which set a monthly record for the market. Many CLOs require being reset o…

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