tag:blogger.com,1999:blog-6321089372587128676.post169978654854351065..comments2009-08-20T17:12:06.270-04:00Hunternoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6321089372587128676.post-70583918931362342372009-08-20T17:12:06.270-04:002009-08-20T17:12:06.270-04:00Totally agree that there is a fundamental supply/demand gap looming in the leveraged loan market due to CLO maturation and corporate refinancing needs. Two additional (and modest) potential offsets are 1) the potential for the high yield bond market to continue to absorb some leverged loan refinancing, and 2) with new modified TRS programs being launched, the potential that new levered capital structures will be able to replace a chunk of the CLO market. Nonetheless, going to be a huge problem.Anonymousnoreply@blogger.com