Refine Search
Article Categories
Strategy Tags
- Direct lending (739)
- Emerging markets (191)
- High yield bonds (522)
- Investment grade credit (256)
- Structured credit (616)
- Distressed debt (374)
- Leveraged loans (953)
- Marketplace lending (28)
- Synthetic/SRT (329)
- ABL Financing (192)
Geography Tags
-
We’re drifting apart
1 year ago
Everyone’s issuing US CLOs these days and it is tempting to believe the crowd of managers is blending into one. However, overall portfolio overlap has dropped to 37.7% across 2021 CLOs -
CLO triple As lag recovery as IG relative value opens up
1 year ago
The CLO market rebounded in late April after a volatile two months following Russia’s invasion of Ukraine, but triple A notes have lagged the recovery even as mezzanine debt tranches tightened -
Tech firm eyes data-driven approach to CLO management
1 year ago
As New York-based tech firm Exos prepares to launch what it calls “the first truly tech-enabled CLO”, the specialist leading its efforts says technology could soon play a central role in CLO portfolio optimisation -
Dispersion begets dispersion in mixed bag of fund returns
1 year ago
Idiosyncratic risks are set to rise in credit, with fund managers becoming occupied with tail risks, and that has been seen in a scattered set of March hedge fund returns -
CRE CLO episode shines light on CLO get-out clauses
1 year ago
Market disruption clauses are rare in CLO warehouse agreements, but litigation surrounding a cancelled 2020 CRE CLO underlines how these can give CLO issuers added flexibility in a doomsday scenario -
Past returns: ‘Stabilisation’ provides back-up
1 year ago
Five years ago in Creditflux, we reported that Wells Fargo had offered to buy tranches in an Octagon Credit Investors’ CLO to support execution. -
They said it: "CLO triple As are attractive lending opportunities"
1 year ago
A bank is about to start buying CLO tranches -
"The CLO market can resemble a primary school soccer game, with everyone crowded around the ball"
1 year ago
The ability to refinance or reset a CLO is valuable, but there are friction costs to consider -
Mizuho CLO trader rejoins Deutsche Bank
1 year ago
A CLO trader and executive director has resigned from Mizuho to rejoin Deutsche Bank -
M&G eyes European CLO comeback with new sustainability agenda
1 year ago
Another 1.0 CLO manager - and a giant of the fund management industry - is set to make its grand return to CLO management after 14 years away from the market -
Neuberger Berman prices its largest ever CLO in three-year deal
1 year ago
Neuberger Berman teamed up with Citi on Tuesday to print its latest CLO named Neuberger Berman Loan Advisers 49 -
US CLO refis return with Angelo Gordon pricing first since February
1 year ago
Angelo Gordon refinanced its Northwoods Captital 22 CLO on Tuesday, completing the first successful CLO refi in two and a half months -
Credit Rendezvous: Pass masters
1 year ago
Most often, a credit market downturn has its roots mired in one big, blatant obstacle that credit managers have to focus their attention to overcome. But right now, it’s not the dominant risk factor that has to be defeated, it’s the sheer number of them... -
Fortress prices widest CLO triple As of 2022, but that's no obstacle
1 year ago
CLO triple As reached 162bp on Friday as Fortress priced a US deal. The firm has priced wide CLOs before, but that has not held it back from producing some of the best equity distributions in the industry -
Two more seasoned CLOs poised to switch to Sofr based on issuance trigger
1 year ago
CBAM 2018-6 has joined Greywolf III-R and IV-R as another pre-2022 US CLO to switch its benchmark rate from three-month Libor to three-month Sofr after the market hit the same issuance trigger -
Scope updates CLO ratings methodology
1 year ago
As a result of the update, some deals previously only rated based on the general structured finance rating methodology will come into scope of the CLO rating methodology -
Ex-Accunia CLO specialist lands at Danish firm to build structured finance platform
1 year ago
An ex-Accunia chief investment officer and CLO specialist has landed at Danish commercial real estate firm CBRE -
Blue Owl hires CLO structurer in New York
1 year ago
Blue Owl Capital Management has hired to its CLO structuring team in New York -
AGL delves into static CLOs with its first non-reinvesting deal
1 year ago
AGL Credit Management on Monday priced its first ever static CLO -
Benefit Street teams up with Natixis for rare four-year reinvestment CLO
1 year ago
Benefit Street Partners priced a rare four-year reinvestment CLO on Monday, working with Natixis to print the deal -
Minority equity available in Capital Four's forthcoming short-dated Euro CLO
1 year ago
JP Morgan is marketing Capital Four Management’s latest European ESG CLO, anticipated to price at the end of this week or beginning of next week -
Axa IM pairs with Citi on first new 2022 CLO
1 year ago
Axa Investment Managers on Friday priced its first new US CLO of the year -
Euro CLO seniors firm up, but mezz widens as Jefferies prints Spire new issue and CSAM reset
1 year ago
Jefferies has expanded its European CLO arranging lead as senior spreads remain in line with recent deals, mezz appears to have leaked slightly wider and deals continue to feature capped tranches -
US CLO structuring head to leave Credit Suisse
1 year ago
Credit Suisse’s head of US CLO structuring is understood to be leaving the bank after nearly 10 years -
Experienced CLO investor set to join Carlyle in New York
1 year ago
Carlyle Group is making a big hire to its CLO investment team in New York
Want all the latest news, comment, analysis and data?