Leveraged Loan Insight & Analysis – 3/15/2021

US CLO secondary loan bids trend
higher than pre-pandemic levels


Positive fiscal and monetary stimulus news coupled with improving vaccine distribution and availability continued to bolster the financial markets and have led to a robust recovery in secondary loan bids in 2021. The average bids of loans held in US CLOs moved higher this February when compared to pre-pandemic levels, according to data from LPC Collateral.