Search results
14 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
Geography Tags
-
BNP Paribas AM euro CLO makes history by triggering event of default
7 years ago
A 2004 vintage CLO managed by BNP Paribas Asset Management has hit an event of default, according to a notice available on CLO-i -
Three 2.0 CLOs placed on negative watch by S&P as defaults rise
7 years ago
Standard & Poor’s has placed three US CLO 2.0 tranches on negative watch in the last week, citing weakening credit quality and declining spreads in the deals’ underlying portfolios -
Energy credits account for 49% of problem loans, reports Fitch
7 years ago
Energy companies are still overrepresented in the list of near-term default risks, according to research published yesterday by Fitch Ratings. -
Manager's legacy CLOs suffer downgrades despite strong equity returns
7 years ago
Mezzanine tranches from two US CLOs have been downgraded, but the pre-crisis deals are still making strong equity distributions -
CLO managers take a hit on Southcross
7 years ago
CLO-i data shows that several managers have taken a hit from their exposure to Southcross Holdings -
CLO investors sweep into options to clean up grimy loan portfolios
7 years ago
CLO investors are heading to the options market in droves in order to keep their portfolios clean -
CLO manager makes whopping $32.8 million quarterly equity distribution
7 years ago
Working out is good for you: a CLO manager has made equity-like returns thanks to two defaulted loans -
Southcross bankruptcy puts further pressure on CLO coverage ratios
7 years ago
Some CLOs are expected to take a sizeable hit after Southcross Holdings became the latest energy-related name to file for bankruptcy yesterday -
Par building may not be enough to cure CLO test breaches, finds Nomura
8 years ago
Par building by CLO managers may not be enough to stave off the impact of recent defaults on overcollateralization test buffers, according to a research note from Nomura -
1999-style default party could hit CLO triple Bs, says Citi
8 years ago
Low prices mean that CLO mezzanine should make double-digit returns even under scenarios that cause a cashflow interruption -
Verso default pushes at least one CLO towards test breach, says Nomura
8 years ago
The recent chapter 11 bankruptcy filing by Verso has put one CLO in danger of failing its interest diversion test, according to a recent research note from Nomura. -
CLOs take a hit as shadow-rated borrower files for bankruptcy
8 years ago
Privately owned pipe maker Boomerang Tube yesterday filed for bankruptcy, after suffering from a sharp fall in sales to the oil and gas industry -
CLO default rate is 10 times lower than for corporates, says Wells
10 years ago
CLOs have experienced dramatically lower default rates than similarly rated corporates, according to analysis by Wells Fargo -
Equity investors choose to call revived market-value CLO
10 years ago
A notice of optional redemption has been filed for a market value CLO which earlier in its life withstood an event of default
14 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?