Thomson Reuters Launches CLO Pricing Service

Thomson Reuters has expanded the coverage of its pricing operations, adding a valuation service for collateralized loan obligations (CLOs).

The CLO market is seen to be bouncing back with recent growth in new issuance. New York-based Jayme Fagas, head of evaluated pricing, Americas, Thomson Reuters, says the size of the CLO market is expected to continue to grow, and it seems to be attractive to investors given the yields they can attain. “All this makes it timely for us to launch CLO pricing, a