Reported about 15 hours ago
European buyout firm Permira is making its debut in the U.S. collateralized loan obligation (CLO) market with a $430.6 million deal, aligning with a record issuance boom this year, which has seen almost $183 billion in CLO transactions. This strategic move comes as Permira aims to expand its presence in the U.S., following recent tightening of risk premiums on CLO debt that has spurred a surge in market activity.
Source: YAHOO