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ARTICLE · 18 JULY 2013

Appleby Reports CLO Activity For 2013

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Collateralised Loan Obligation deals increased by a dramatic 151% in the first half of 2013 when compared to the first six months of 2012, according to Appleby.

JerseyWealth Management
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CLO activity up more than 300% since 2011

 Collateralised Loan Obligation (CLO) deals increased by a dramatic 151% in the first half of 2013 when compared to the first six months of 2012, according to Appleby. This continues a three-year trend in the rapid increase of CLO issuances, with the number of deals growing by more than 300% between 2011 and 2012. The findings are detailed in Appleby's inaugural CLO Insider Report, which provides data, insight and analysis on the global CLO market, focusing on the first half of 2013.

A total of 98 CLOs closed in the first half of 2013 - a massive increase on the 39 deals closed in the same six months in 2012.

"With the value of the CLO market growing over 260% since 2011, it certainly seems that institutional investors are continuing to find value in CLOs," said Julian Black, Appleby's Global Head of Structured Finance. "With an estimated US$370bn in assets under management and growing, this market is blossoming as

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