Latest news:

Debtwire FY23 US Direct Lender Rankings
AXA wins USD 400m for SRT strategy from US pension fund
Blue Owl brings sovereign wealth fund deputy CIO onboard
Voya refis 2018 vintage CLO
New Ares CLO keeps pricing tight
Napier Park prices first European new issue CLO of the year
Third time's the charm as 2013 vintage CLO gets reset
Australian private credit fund-of-funds launched for retail investors
New Mexico pension system approves USD 150m top-up to distressed debt fund
Antares hires CSAM managing director
European reset highlights weakness in mezz despite robust senior demand
Elmwood prints eighth deal this year
Partnership with Jefferies bears fruit as manager returns to CLO primary
MGG raises more than USD 400m in first close of lower middle market fund
Cheyne returns to SRT market with eye-catching hire
US resets continue as Redding Ridge joins in
Sycamore resets and upsizes 2023 vintage CLO
Baltimore pension system puts USD 35m into private credit fund
2020 US CLO gets a refi
Blackstone refinances 2018 US CLO

Déjà vu as 2017 starts with CDS settlement head scratching

Wednesday, January 04, 2017

iHeart Media’s default gets increasingly complicated as auction date is contested

TAGS: CDS

Comment by: Anonymous. Posted 7 years ago [2017-01-05 13:25:41]

Yet another CDS interpretation challenge! For what it's worth, I agree with the counter-argument. It's disquieting that there is recognizable value in the accrued coupon for bonds that are ostensibly in default (and should be trading flat).

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Funds

Debtwire FY23 US Direct Lender Rankings 14 hours ago
AXA wins USD 400m for SRT strategy from US pension fund 14 hours ago
Blue Owl brings sovereign wealth fund deputy CIO onboard 14 hours ago
Australian private credit fund-of-funds launched for retail investors 2 days ago
New Mexico pension system approves USD 150m top-up to distressed debt fund 2 days ago

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