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CLO rally continues as several US double-Bs trade above par
7 years ago
The US CLO rally continued yesterday as a $35 million mezzanine list traded in full. -
CLO investors scoop up mezz in secondary market
8 years ago
CLO traders again took advantage of the rally in mezzanine pricing yesterday as several more triple-B and double-B tranches traded in the secondary market -
Investors bid up CVC Credit CLO as double-B spreads tighten
Double-B CLO prices are staging a recovery in the secondary market, according to buy-side sources -
Holders dump triple A CLOs ahead of Volcker
8 years ago
Data from CLO-i shows a spike in secondary CLO activity ahead of the imposition of the Volcker rule -
CLO equity reappears on b-wics as two 1.0 deals change hands
8 years ago
A $37.7 million block of CLO equity appeared in the secondary market for the first time in two weeks yesterday, according to CLO-i's b-wic tracker -
Majority CLO equity blocks fail to trade but holder trims its exposure
9 years ago
Control CLO equity investors have been heading to the secondary market this week with sources revealing that two majority CLO equity positions were in for the bid yesterday -
Control equity in US CLO trades at a rumoured five cents in the dollar
9 years ago
Distressed debt investors got a rare opportunity to participate in the CLO market yesterday as equity in two legacy deals went up for sale -
Secondary CLO equity buyer doubles its money after 2004 CLO call
10 years ago
Equity investors have been handed a $15.3 million lump sum following the redemption of a 2004 CLO -
Control investor opts to call CLO after failure to trade in secondary
10 years ago
After a sale in the secondary market did not materialise, a control investor in a 2004 CLO has decided to call the deal -
Secondary CLO buyers fail to hit reserves in a day of DNTs
11 years ago
The gap between CLO holders’ valuation of their investments and the price that secondary buyers are willing to stump up appears to be widening -
Control investor plumps to call CLO after failing to sell position
11 years ago
Another vintage CLO appears to be nearing the end of its life after a $51.7 million loan b-wic was announced yesterday -
Euro secondary CLOs trade tight - but traders can't agree how tight
11 years ago
A batch of European CLO triple-As were gobbled up by a hungry market yesterday but traders couldn't agree on how tight DMs were -
Bidders eye reinvestment language as Babson CLO goes on the block
11 years ago
A $4.5 million cut of the first-pay notes in Babson CLO 2005-III was on the block yesterday -
Harbourmaster leads the way as euro CLOs pump out huge equity returns
11 years ago
Investors may start to give euro CLO equity a second look with CLO-i reporting huge distributions of late -
US hedge funds gather to bid up euro CLO mezz
11 years ago
CLO investors were given the choice of picking up European mezzanine or senior US CLO paper in the secondary market yesterday. -
Investor knocks back bids for majority CLO equity position
12 years ago
A CLO equity investor chose to snub bids for a control CLO equity position that was on the auction block yesterday -
CLO investors send out b-wics as CDO liquidations loom
12 years ago
B-wic volumes have certainly increased over the last couple of weeks and the cause might be two CDO liquidations due next week -
CDO investors brace themselves as the secondary market bursts back into life
12 years ago
After a quiet patch, normal service is set to resume in the secondary market as both CLOs and CDOs of ABS being put up for sale through b-wics -
Secondary CLO market sees a supply spike as quarter end looms
12 years ago
A number of bonds from structured securities have been placed on b-wics this week. The spike in secondary market supply has been aided by four liquidations of ABS CDOs -
Junior CLO prices continue to slide as secondary market hits rocky ground
12 years ago
According to Creditflux's CFlux indices, junior CLO paper is now covering at its lowest levels this year. -
Junior CLO indices slip up again as secondary CLO volumes dry up
12 years ago
A stagnant CLO secondary market has left traders with little to buy and the shortage of CLO b-wics this month has left its mark on Creditflux’s CLO indices -
CFlux indices stabilise as supply slows down
13 years ago
Last week was a relatively quiet one for CLO traders in the secondary market as sellers retreated from the market with both Passover and Easter festivities taking place -
CLO mezzanine bounces back despite supply spike
13 years ago
CLO volumes in the secondary market surged up to $847 million last week with several CLO b-wics hitting the market in the latter part of the week -
CLO b-wic highlights rising prices for junior paper
13 years ago
Amid a plethora of CLO paper that was put on bid-wanted lists yesterday, one $36 million list in particular highlighted the growth in prices for notes at the bottom of the CLO capital structure -
No slowing down for CLO mezz prices as demand gathers pace
13 years ago
Recent weeks have seen investors clamor over CLO mezzanine notes and the CFlux indices highlight just how strong the revival has been
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