Refine Search
Article Categories
Strategy Tags
- Direct lending (7)
- Emerging markets (3)
- High yield bonds (17)
- Investment grade credit (7)
- Structured credit (7)
- CLO (164)
- Distressed debt (11)
- Leveraged loans (18)
- Synthetic/SRT (9)
- ABL Financing (2)
Geography Tags
-
New European CLO prices with triple As at 145
7 days ago
After the lowering of the current European CLO triple-A benchmark last week, levels continued to tighten today -
Marathon goes the distance to bring new US BSL CLO
26 days ago
Marathon Asset Management yesterday followed up last month’s 2019-vintage US refi with a new US BSL CLO, Bryant Park Funding 2024-3 -
European CLO primary spreads still have a long way to go
3 months ago
Are European CLO spreads in the primary market cheap or expensive? Our latest research shows that while US managers can celebrate AAAs reaching the 150s, in Europe spreads still have a long way to go to reach historical norms. -
ABS rallies on better-than-expected inflation prints
5 months ago
The European ABS market has rallied over the last two days on news of rapidly falling inflation in both the US and the UK -
September 2023 US Leveraged Highlights
6 months ago
Refinancing continues to amplify leveraged debt volume in Debtwire's latest report featuring key trends in the leveraged loan and high-yield bond market -
Euro CLO league tables: New faces at the top after a first post-pricing upsize
1 year ago
Only three deals priced in Europe in April for a total of €1.2 billion but even in a quiet month, the European CLO market offered something new -
CLO rankings: manager AUM, advisory firm and trustees Q1 2023
1 year ago
Two acquisitions close to shake up the top and Dechert takes early lead over Milbank in manager counsel rankings -
Tikehau prints third Euro CLO in seven months
1 year ago
Tikehau and BNP Paribas teamed up to print a new issue European CLO named Tikehau CLO IX this afternoon -
Beneath the triple C: Life could be better, but it’s just a letter, under the CCC
1 year ago
Many market participants were eagerly looking forward to a break in December after a gruelling year, but the rating agencies were in no mood to oblige. -
CLO rankings: manager AUM, advisory firm and trustees Q4 2022
1 year ago
As 2022 draws to a close manager consolidation through mergers and acquisitions have been balanced out by new market entrants to leave roughly the same number of managers that entered the year, at least for now. -
Beneath the triple C: Winter is coming for CLOs as downgrades outstrip upgrades
1 year ago
Both US and European issuers have felt downward pressure from the rating agencies as we head towards the end of the year, with downgrades to triple C now firmly outpacing upgrades out of it. -
US CLO pipeline: Capital Four and GoldenTree structures emerge as pipeline builds
1 year ago
Four more US CLO managers are marketing new issue CLOs to join three holdovers in the pipeline this week -
KKR pulls low-ramp European CLO amid loan rally
1 year ago
KKR is understood to have pulled its new issue European CLO Avoca XXVIII, according to multiple sources. The deal was due to price this week -
UK credit spreads rally for Rishi
1 year ago
UK credit spreads have rallied sharply on Monday with the victory of Rishi Sunak in the contest to become the country’s third prime minister of the year -
Price talk emerges on upcoming CVC European CLO
1 year ago
The manager is targeting pricing for the week commencing 10 October -
Beneath the triple C: US CLOs take a dip in the triple C as Europe watches from the sun lounger
1 year ago
The US CLO market bore the brunt of downgrades to triple C in July and August, with a total of $6.22 billion of paper affected. European CLOs enjoyed a more relaxing summer holiday, with only 1 name representing €33.88 million worth of bonds downgraded to triple C. -
CLO managers added to their pool of analysts last year: Fitch
1 year ago
CLO asset managers staffed up last year as primary issuance volume soared, with Fitch Ratings finding the average analyst team size increased from 16 to 17 -
Beneath the triple C: CLOs take first knock since covid scrapes
1 year ago
CLO managers have been hit by a number of loan downgrades to triple C for the first time since the wave of pandemic-related cuts trickled to a halt in early 2021. Companies indirectly linked to the health sector suffered most in May -
Euro CLO league tables: PGIM and Jefferies lead as Euribor caps come back in fashion
2 years ago
April was the quietest month of the year in the European CLO market with only €2 billion pricing across four new issues and one reset -
US CLO league tables: Blackstone gets back to business as it rises to the top
2 years ago
Blackstone is no longer the largest CLO manager globally (it lost that title in March). But it is the most prolific issuer in 2022 -
German property co hits new wides as investors scrutinise investigation report
2 years ago
The bearish momentum that gripped financial markets on Friday has spilled over the weekend into Monday's session, with an especially big move in the debt of one German real estate borrower taking it to worrisome spread levels -
US CLO league tables: BofA marches on as Elmwood climbs to top in new issues
2 years ago
Last month, for the first time since June 2020, no resets or refinancings priced in the US CLO market as market volatility took repricings out of the money. This meant a month-on-month decline of $13.4 billion in overall issuance, but new issuance was still healthy with $11.6 billion pricing in March -
Euro CLO league tables: Jefferies takes huge lead as managers bunch up
2 years ago
The increased volatility and geopolitical risk brought about by Russia’s invasion of Ukraine meant European CLO issuance dropped off in March after a strong February -
CLO investor cash balances at lowest levels since 2009: JP Morgan research
2 years ago
A survey conducted by JP Morgan has suggested that CLO investors' cash balances are at their lowest levels since 2009 - but most managers want to add risk in the coming months -
Capital Four becomes seventh debut US CLO manager of 2021
2 years ago
Capital Four has become the latest debutant in the US CLO market by printing its first transaction via JP Morgan on Friday
Want all the latest news, comment, analysis and data?