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Email New issuance of collateralised loan obligations (“CLOs”) rose last year to its highest level since the credit crunch. 2013 saw U.S. CLO issuance rise to about US$81 billion, from US$54 billion the year before while European CLO issuance leapt to about €8 billion from zero during the same period. https://www.cadwalader.com/resources/clients-friends-memos/european-clo-issuer-jurisdiction-quick-reference-guide