Senior CLO investors race to secondary market following Volcker ruling

By Sayed Kadiri

Friday, December 13, 2013

The secondary CLO market yesterday was bursting with activity as a number of senior CLO investors aimed to dispose of their holdings

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TAGS: Regulation

Comment by: Anonymous. Posted 10 years ago [2013-12-16 14:27:14]

i could be missing it, but i don't see anywhere that the author said banks were selling. the only party that could be construed as "reckless" would be the readers that jump to that conclusion, not the article itself. and either way, i think it's a fair point to mention that it could be more than a coincidence that some selling took place the same week as the ruling.

Comment by: Anonymous. Posted 10 years ago [2013-12-16 14:26:05]

The line-up of 27 senior CLO positions that went up for sale yesterday contributed to one of the heaviest trading days this year for senior buyers - when looking at the supply of individual CLO tranches into the secondary market and not the overall volume. Further comments on whether this week's Volcker ruling have had any impact on secondary trading are welcomed. Posted by Sayed Kadiri

Comment by: Anonymous. Posted 10 years ago [2013-12-13 16:17:54]

What do you mean by Race, and how are you defining heaviest trading days?

Comment by: Anonymous. Posted 10 years ago [2013-12-13 12:52:30]

None of the sellers were banks. Reckless article.

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