Manager includes double-Bs as it refinances debut CLO1 year ago
Steele Creek Investment Management has priced a refinancing of its debut CLO, according to market sources.
European CLO managers look at refi and redemption options1 year ago
Early European 2.0 CLOs are in play at the moment with their non-call periods over and PGIM (previously known as Prudential Investment Management) and Barings (Babson Capital Management) are weighing up their options.
Zais CLO tops Creditflux performance tables1 year ago
Two Zais CLOs have produced strong returns, earning them a place in Creditflux's updated ranking for the highest CLO equity distributions in July
Investors vote to redeem 2007 US CLO resuscitated by Babson1 year ago
A 2007 CLO, acquired by Babson in 2010, has been called after a strong run over the last few years
Babson CLO becomes latest deal to be called from shrinking 1.0 market1 year ago
A 2007 CLO managed by Babson Capital Management is due to be redeemed this month, according to a notice available on CLO-i
Babson reorganises direct lending group after senior official leaves1 year ago
Co-head of direct lending exits Babson’s London team amid rumours that a Sydney-based official is flying in to fill the gap
Babson sets CLO pricing benchmark after achieving 145bp triple-A print1 year ago
CLO manager Babson Capital Management has laid down a marker for the second time this year after pricing the senior notes in its latest deal at 145 basis points on Friday. This is the tightest US CLO print since last September
UK pension fund picks leading managers for £750 million credit push1 year ago
Strathclyde Pension Fund has elected to increase its exposure to credit by 3% and has dished out lucrative mandates to some of the leading names in credit management
Euro CLO triple-As show signs of tightening as Babson prices latest deal1 year ago
There were further signs of tightening in the European CLO market yesterday as Babson Capital priced its latest deal with a triple-A coupon of 128 basis points over Euribor
Babson hires portfolio manager for new-look European credit team1 year ago
The chief executive for Europe at a credit hedge fund manager is being tipped to join Babson Capital Management in London. The new recruit will report to Babson's head of European high yield Martin Horne
Investors call Babson's debut 2.0 CLO2 years ago
Babson Capital Management’s debut CLO 2.0 is set to be redeemed this month, according to an investor notice
MassMutual brings asset managers together under Barings brand name2 years ago
MassMutual says that Babson Capital Management, Baring Asset Management, Cornerstone Real Estate Advisors and Wood Creek Capital Management are to combine and use the Barings name.
Babson's Summerscale moves to ICG to lead credit team in London2 years ago
The chief investment officer for Babson Capital Management's European high yield platform, Zak Summerscale, is joining Intermediate Capital Group in London.
Merits of CLO mezz divide key investors at ABS Vegas2 years ago
This week's ABS Vegas conference exposed sharp divisions between some of the best known CLO investors over the relative value of CLO equity and mezz
Babson Capital raises $110 million for new dedicated CLO fund2 years ago
One of the CLO market's largest investors has raised $110 million for a new fund, according to regulatory filings
Babson cuts fees on short-duration bond fund2 years ago
Short duration high yield fund suspends management fees for a year and cuts dividend
Morgan Stanley sets pricing benchmark with its first US CLO of 20162 years ago
Morgan Stanley laid claim to the first US CLO pricing of the year on Friday, after completing a $407 million deal for Babson Capital Management
Babson markets first Q1 CLO since 2012 in $407 million deal2 years ago
Babson Capital Management is marketing its first US CLO of the year, according to market sources
Large manager's 2006 CLO redeemed for 22% IRR2 years ago
A 2006 CLO managed by Babson Capital Management was redeemed earlier this month, according to CLO-i
Control equity investor seeks bids for 2014-vintage CLO2 years ago
The CDO secondary market is bursting back into life with nine b-wics scheduled for tomorrow. One notable auction taking place sees control equity in Steele Creek CLO 2014-1 go under the hammer
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