Refine Search
Article Categories
Strategy Tags
- Direct lending (37)
- Emerging markets (2)
- High yield bonds (6)
- Investment grade credit (2)
- Structured credit (5)
- CLO (65)
- Distressed debt (7)
- Leveraged loans (10)
- Marketplace lending (1)
- Synthetic/SRT (5)
- ABL Financing (2)
Geography Tags
-
Morgan Stanley hires European CLO trader from buy side
3 years ago
Morgan Stanley has added to its European CLO trading team, bringing in an official who previously worked at a CLO fund manager -
Permira fires starting gun on covid CLO resets as it cuts funding costs by over 50bp
3 years ago
Permira Debt Managers wastes no time resetting its post-covid European CLO transaction, which is scheduled to close on the CLO's original one-year non-call end date -
Inflation fears add to allure of CLOs and keep fatigue at bay
3 years ago
CLO debt investors took a breather in late March, but sources indicate a busy second quarter is in store. -
Credit funds at a glance (April 2021)
3 years ago
A round-up of fundraising and people moves -
BlackRock fills opening on European CLO management team
3 years ago
BlackRock has filled a gap ithat opened up on its European CLO portfolio management team in January -
Permira targets up to €5 billion with fifth direct lending fund
3 years ago
The launch of Permira Credit Solutions Fund V comes 12 months after the firm held a final close on its predecessor -
Permira slashes CLO funding cost by 20.1bp with partial refi
3 years ago
Permira Debt Managers joins the growing list of managers to partially refinance a 2018 CLO. Morgan Stanley arranged the.€274.8 million refi -
Big US firm steps up as European loan triple A CLO buyer
3 years ago
A large US firm that had $5.5 billion of CLO investments at one point has renewed appetite for CLOs and is eyeing European CLO tranches rated triple A and structured as loans -
Axa IM leads as ESG grows in European CLO industry
3 years ago
European CLOs are increasingly launching with express ESG mandates embedded as issuers seek to get ahead of what appears to be an inevitable shift towards ethical investing -
Permira sets CLO triple A benchmark as Jefferies makes European breakthrough
3 years ago
European CLO triple A spreads have dropped further with Permira Debt Managers setting a new benchmark -
European CLO triple As set to reach 80bp as Jefferies aims for big impact on first deal
3 years ago
Jefferies is close to arranging its first new CLO in Europe having launched Permira Debt Managers’ latest deal, Providus CLO V -
Jefferies picks up three big mandates to get European CLO plans rolling
3 years ago
Jefferies has taken huge strides towards building out its European CLO arranging business with sources indicating the bank has won mandates from three managers -
European direct lending fundraising dropped 77% YoY in Q2
3 years ago
European direct lending fundraising figures plunged in Q2 2020, as the effects of the covid-19 pandemic were felt across the globe -
Permira holds €3.48 billion final close on fourth direct lending fund
3 years ago
Permira Debt Managers has collected €3.48 billion for its fourth direct lending strategy, marking the fund’s final close on 31 March -
Euro CLO league tables: You wait all month for a pricing and then three come along at once
3 years ago
Two CLO managers chose April to price their first CLOs of the year. Three European CLOs priced last month as the primary market opened following a coronavirus-enforced closure in mid-March -
Who’s got the moves Europe: CLO managers enjoy climb of Everest
3 years ago
The European S&P/LSTA Leveraged Loan index enjoyed a strong month in April as it rose from 83 of par on 1 April to 89.2 by the end of the month. The index closed at 89.4 on 4 May to start the week -
European CLOs make long-awaited comeback with Permira breakthrough
3 years ago
Permira Debt Managers today re-opened Europe's CLO primary market by pricing the continent's first new issue since the coronavirus-related market sell off -
Permira European CLO edges closer
4 years ago
The relaunch of the European CLO market is slowly gathering pace with Permira Debt Managers’ Providus CLO IV taking shape with a view to pricing on Friday -
Four managers eye breakthrough new issue European CLOs
4 years ago
The European primary CLO market is showing signs of revival with four managers eyeing deals -
Goldman Sachs in talks to buy minority stake in Permira
4 years ago
Goldman Sachs is looking to buy a minority stake in private equity firm Permira -
Pennsylvania pension creates private credit bucket
4 years ago
Pennsylvania State Employees’ Retirement System has approved a new 4% allocation to the private credit asset class -
Permira hit by downgrades in direct lending portfolio but maintains leverage facility ratings
4 years ago
Permira Credit Solutions II's largest asset holding, which represents 17% of the fund, was downgraded from B to D, according to Arc Ratings. Another was downgraded from CCC+ to CCC -
Managers dispel myth that lenders can’t influence ESG
4 years ago
There’s a growing belief among credit fund managers that they can influence borrowers to take on ESG-friendly practices, contrary to the widely-accepted notion that the business practices of companies are dictated by their private equity owners. -
Beyond blacklists: the next step in ESG
4 years ago
Credit managers are integrating ESG into their investment processes, but that does not mean they are unable to invest in unethical credits — they can, if they are paid adequately for the risk. -
Any takers for illiquid European CLO equity?
4 years ago
The investor base for European CLO equity is far smaller than for US CLO equity. But for those with the mandate, and willing to stomach the illiquidity, valuations have been strong this year.
Want all the latest news, comment, analysis and data?