Brokerage hires former Credit Suisse trader to growing CLO sales team1 month ago
A brokerage firm has continued its recent expansion in secondary CLO trading with another senior hire, according to market sources.
Nomura dominates mezz trading on another busy day for CLOs2 months ago
Nomura maintained its position as a leading CLO market maker on Friday, emerging as the single most active dealer on another busy day for the secondary market
Single-B paper in high demand in busy US CLO secondary market2 months ago
US CLO traders had another busy day yesterday, as nine bid lists circulated in the secondary market
CLO rally continues as several US double-Bs trade above par2 months ago
The US CLO rally continued yesterday as a $35 million mezzanine list traded in full.
CLO fund emerges as source of $219 million b-wic6 months ago
The source of a $219 million b-wic which circulated in the secondary CLO market earlier this week is understood to be a listed credit fund
Brokerage adds to its CLO sales team with hire from Mizuho7 months ago
An experienced structured credit official has reunited with an ex-Credit Suisse colleague at a fast-growing brokerage in New York
CLO mezz rally continues as GSO 2.0 attracts bids close to par7 months ago
The extent of the recovery in CLO double-B tranches was highlighted yesterday as a number of bonds attracted bids in the 90s in the secondary market.
Liquidity returns to CLO equity as b-wic sees all tranches change hands8 months ago
Traders in the secondary CLO market were treated to a rare sight yesterday, as a 2.0 CLO equity b-wic surfaced and all line items traded.
Secondary market price talk points to widening in 2.0 mezz tranches8 months ago
Price talk for an upcoming bid list in the secondary CLO market suggests that mezzanine tranches are likely to widen
Investors call Prudential CLO five months after above-par trade in secondary9 months ago
The recent string of CLO redemptions is set to continue with a 2006 CLO managed by Prudential Investment Management, according to an investor notice
CLO manager tiering continues as $76 million triple-A b-wic trades9 months ago
A basis of 40bp emerged last week for CLO triple-A notes with seemingly similar characteristics
Barclays CLO trader resurfaces at Spanish firm's New York offices9 months ago
Yet another bank CLO trader has made the switch to a brokerage.This time a former Barclays official has joined a brokerage which first moved into CLO trading last year
Investor capitalises on low swap rates to offload fixed-rate CLO tranches9 months ago
An investor in senior fixed-rate CLO tranches capitalised on low swap rates to make quick gains in the secondary market last week, according to Creditflux data
BlackRock CLO investor picks up seven-point trading gain in three months9 months ago
An unknown investor has made big gains on double-B rated notes in a BlackRock US CLO which priced in February
Drama plays out in Jefferies’ CLO group9 months ago
Jefferies is said to be committed to its new issue US CLO business after a recent episode which saw New York-based Erez Biala leave the bank
CLO secondary sees another busy day as nearly $200 million changes hands10 months 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.
Former Highland CLO trader rejoins Marv to lead secondary CLO effort10 months ago
Broker-dealer Marv Capital has hired former Highland Capital CLO trader Alexey Dronov to lead its structured credit sales team
$102 million trades in busy day in CLO secondary market10 months ago
Yesterday was a busy day for US CLO traders as just shy of $102 million traded on bid lists in the secondary market.
Broker-dealer hires three to build secondary CLO business in New York10 months ago
The former lead CLO trader at Credit Suisse and two structured credit sales officials from RBC have joined a brokerage with ambitions of breaking into the CLO market
Investors pounce on non-Volcker-compliant triple-As in CLO secondary11 months 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
Want all the latest news, comment, analysis and data?