Issuance of collateralized loan obligations is unlikely to increase next year as risk-retention rules effective Dec. 24 force banks to hold 5% of the transaction, banks say. Banks expect volume of $50 billion to $70 billion in 2017.
Reuters (12/5)
December 5, 2016 Tristan Van Iersel Financial & Economic News
Issuance of collateralized loan obligations is unlikely to increase next year as risk-retention rules effective Dec. 24 force banks to hold 5% of the transaction, banks say. Banks expect volume of $50 billion to $70 billion in 2017.
Reuters (12/5)
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