Latest news:

WAMCO keeps the resets rolling with rework of 2023 CLO
Elmwood resets 2021 vintage US CLO
Ares add new European CLO to its roster
Sona returns to debut CLO to draw-down single B tranche
Blackstone makes it three new European CLOs this year
Palmer Square paves new ground pricing BSL BDC CLO
Onex resets static 2023 vintage CLO
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

No payback time for leveraged borrowers

By Randy Schwimmer

Thursday, March 05, 2015

Regulators worry that leveraged borrowers can't pay back bank loans. But term loans never repay on schedule – and banks rarely buy them

Newsletter

Strong run helps CLOs shrug off Altice downgrade 7 days ago
CIC aims to join list of new European CLO managers 7 days ago
Triple A delayed-draw structure helps European CLOs beat negative carry 7 days ago
Milbank staffs up after slew of London lawyers follow Goldfinch to Allen & Overy 7 days ago
Private credit firms chase opportunities in asset based lending as US banks withdraw 7 days ago

more stories...