Wide CLO pricing need not be a drag18 days ago
Established managers can price CLO liabilities at attractive levels, but we find that CLOs saddled with higher financing costs have nevertheless been among the market’s outstanding performers
Halcyon returns to CLO market to price its first deal of the year4 months ago
Halcyon has priced its first transaction of the year following a $485.5 million new issue
Halcyon refinances 2015 US CLO with triple As pricing at 90bp9 months ago
Halcyon Loan Advisors has become the latest manager to take advantage of relatively cheap financing available in the US CLO refi market
JP Morgan looks to price $1bn of short-dated CLO paper for CSAM and Halcyon9 months ago
JP Morgan is looking to cash in on demand for short-dated CLO paper by pricing over $1 billion within the next week, according to market sources
Halcyon prices its second European CLO of the year10 months ago
Halcyon Loan Advisors has priced its second European CLO of 2017
Halcyon markets its fourth European CLO10 months ago
The manager is expecting to price its second European CLO of the year on 17 November
Halcyon prices its second CLO transaction in two days11 months ago
Fresh from launching a new CLO with BNP Paribas this week, Halcyon has turned its attention towards refinancing a 2015 deal
US manager prices its first new issue CLO with BNP Paribas11 months ago
A large US loan manager has teamed with BNP Paribas on a CLO for the first time
CSAM and Morgan Stanley pioneer new US CLO template1 year ago
Credit Suisse Asset Management priced a new US CLO late on Friday and in the process the firm introduced a new take on the standard CLO structure - the CLO features a five-year reinvestment period and a non-call period of just 18 months
Junior CLO spreads tighten as Halcyon prices new European CLO1 year ago
While spreads at the top of the capital structure have edged wide of 90bp in recent weeks, a new Halcyon European CLO indicates there is strong demand for lower-rated notes
West coast pension fund boosts its allocation to Halcyon’s credit business1 year ago
A major west coast pension allocator to credit has moved to increase its allocation to Halcyon Capital Management after separate account generated 35% return in 2016
Mizuho wins another client as it prices $451 million CLO refi1 year ago
Mizuho has secured another new manager client, pricing a refinancing on Friday afternoon
Halcyon opts for five years of reinvestment with first CLO in 19 months1 year ago
Halcyon Loan Advisors has priced its first US CLO since September 2015, according to market sources
Halcyon secures 103bp print with first euro CLO in two years1 year ago
Halcyon Loan Management has priced its first European CLO since 2014, according to market sources
Halcyon prepares return to European CLO market with €338 million deal1 year ago
Halcyon Loan Management is preparing to launch its first European CLO for two years, according to market sources
Top performing 1.0 CLO's halcyon days are over as redemption awaits1 year ago
A Halcyon-managed CLO that has produced big returns for equity is set to be redeemed after delivering IRRs of more than 20%
Halcyon redeems 2006 CLO for high-teens IRR2 years ago
A 2006 CLO managed by Halcyon Loan Management was redeemed late last month, according to CLO-i.
Halcyon explains CLO strategy after loan trades draw questions2 years ago
Halcyon Loan Management bought Seadrill loans at wildly different prices over a three-week trading period
Negative cash introduces market price risk to euro CLOs, finds Fitch2 years ago
Fitch Ratings has observed an increasing number of European CLOs running negative cash balances, according to a report published yesterday. Creditflux readers will already be familiar with the strategy, which we reported on earlier this month.
Forced-seller rumour leads to derisory price talk in CLO secondary2 years ago
Plummeting CLO net asset values and rumours of a forced seller caused secondary market price talk to hit new lows on Friday, as two single-B tranches circulated with price talk of 10 cents in the dollar
Halcyon launches credit opps fund as it expands in Europe2 years ago
New York-based Halcyon Asset Management is embarking on a major expansion into Europe, according to market sources.
Halcyon's 2015 CLO gets off to a strong start with 40%-plus distribution2 years ago
A 2015 CLO managed by Halcyon Loan Management has made a strong start after making a 40%-plus annualised payment last month.
Halcyon redeems legacy US CLO as IRR hits 17.4%3 years ago
Halcyon Loan Management has redeemed a 2007 CLO, according to CLO-i
Manager tiering becomes more evident as Halcyon prices new CLO3 years ago
Halcyon Loan Management priced its third CLO of the year yesterday, according to market sources.
Legacy IKB US CLO set for redemption this month3 years ago
A CLO that was taken over by Halcyon in 2010 is set to be redeemed later this month, according to CLO-i.
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