Covenant-lite issuance in the US has surged, with the first half of 2013 surpassing the record full-year pace of 2007. But despite a strong resurgence of CLOs in the US, the loan market in the region remains fragile.
In order to view more content, sign-up to our free daily newsletter.
If you would like to read the premium stories, have complete access to our breaking news and Limited Partner magazine you need to become a Premium Subscriber.
If you are already a AltAssets subscriber please log in below.