A full house again on Another Fine Mezz this week where CLO reporter Victoria Thiele was practically bouncing off the walls with three Euro CLOs to report on. However, host Tom Lemmon didn't quite burst her bubble as much as put into context how small it is with an update on the flood of primary market supply in US CLOs. The question across the Atlantic is whether spreads can tighten with so much in the pipeline. Finally, in less pleasing news, European securitization reporter George Smith explained the issues facing the first ever Green European CMBS, River Green after it was downgraded for the second time by Moody's.
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