CLO Issuance from 1999 to 2007
• Consolidation and regulatory change throughout the 1990's and 2000's caused the loan market to shift from a bank dominated market to a market
where CLOs play a key role.
CLO Issuance from 1999 - 2007
120
10O
6°
3
N
40
20
0
1999 2000 2001 2002 2003 2004 2006 2006 2007
Deutsche Bank Source: SSP LCD CLO Adivki as of Feb 2014. SSP CLO Databank as of Feb 2014 16
CLO issuance for March 2008 excludes 3 Market Value vehicles restructured to cash row.
Corporate Banking & Securities
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0124602
CONFIDENTIAL SDNY_GM_00270786
EFTA01462183