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Hedge fund manager rumoured to be hunting for $258 million of US CLO equity
7 years ago
Market sources say that a New York-based hedge fund manager is looking to buy control equity stakes in several 2.0 US CLOs -
CLO investor looks to auction off $96 million of IG CLO paper
7 years ago
$96 million of 2.0 US CLO tranches are in for the bid. The mix of assets up for sale suggests an insurer is behind the auction -
Creditflux CLO triple-A index hits 100 for first time in nearly 18 months
7 years ago
Creditflux's triple-A secondary CLO index has hit 100 for the first time since June of 2015, highlighting how appetite for first-pay CLOs has returned after a market-wide slump in demand in the first quarter of 2016 -
Triple-A tranches attract above-par bids in secondary CLO market
7 years ago
CLO-i data shows that of the 13 triple-A tranches to trade yesterday, nine recorded cover bids of par or higher. -
Secondary market price talk points to widening in 2.0 mezz tranches
7 years ago
Price talk for an upcoming bid list in the secondary CLO market suggests that mezzanine tranches are likely to widen -
CLO secondary sees another busy day as nearly $200 million changes hands
7 years ago
CLO traders had another busy day yesterday as $239 million of CLOs appeared in the secondary market. According to CLO-i, 22 out of 32 tranches ended up trading, accounting for $198.4 million of notional balance. -
$102 million trades in busy day in CLO secondary market
7 years ago
Yesterday was a busy day for US CLO traders as just shy of $102 million traded on bid lists in the secondary market. -
Investors pounce on non-Volcker-compliant triple-As in CLO secondary
7 years ago
Opportunistic investors appeared to pick up a couple of bargains in CLO secondary yesterday as two legacy triple-A bonds traded wide of longer-dated 2.0 paper -
CLO double-Bs tighten again as $88 million trades in secondary
7 years ago
According to CLO-I’s b-wic tracker, a total of 28 tranches traded in the secondary market yesterday, split between six different bid lists. -
Double-B spread dispersion continues on busy day in CLO secondary
7 years ago
Junior CLO spreads continued to edge tighter yesterday, as $90.4 million of 2.0 tranches traded in the secondary market. However, spread dispersion became even more pronounced for double-Bs, which traded in a 700bp range -
Investor offloads CLO in secondary as clock ticks towards redemption
8 years ago
A junior debt investor in a legacy CLO has decided against waiting for the deal's liquidation date on 22 January and has instead offloaded its position in the secondary CLO market -
Bank dominates as US CLO mezz hits the secondary market
8 years ago
There is a healthy supply of CLO mezz in the secondary market and sources say that one dealer has been actively trading these positions
12 results found Showing page 1 of 1
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