Latest news:

BlackRock prices new US issue with three triple B tranches
Elmwood follows up print-and-sprint with second new issue in eight days
Danske Bank Asset Management announces new fund investing in IG CLO tranches
ABF specialist Balbec names new CEO
Defined benefit plans shift focus to private credit, secondaries - NEPC
HPS prepping to issue a European CLO, the first for the market in three weeks
Empower resets 2023 CLO with its second deal in three weeks
CLO market turns to print-and-sprint deals as volatility spikes
Mubadala to deploy USD 1bn alongside Fortress into private credit co-investments
Blackstone prices new US CLO using a print-and-sprint strategy
TwentyFour Asset Management launches private asset-backed fund
Audax launches private BDC with USD 1.1bn
Onex maintains keen issuance pace with second new US CLO in two weeks
Paul Hastings recruits investment funds partner in London
US CLO market strengthening on Trump easing trading tensions
Invesco, Barings team up on private credit for wealth channel
Siepe hires two from US Bank to boost CLO, private credit tools
Northwestern Mutual resets second-ever CLO
US CLO managers and investors turn away from Europe after risk retention changes
Cliffwater aims for more than USD 10bn in private credit co-investments

Three 2.0 CLOs placed on negative watch by S&P as defaults rise

Tuesday, August 30, 2016

Standard & Poor’s has placed three US CLO 2.0 tranches on negative watch in the last week, citing weakening credit quality and declining spreads in the deals’ underlying portfolios

TAGS: Invesco BNP Paribas AM Default Bain

View details on CLO-i: Avery Point II CLO BNPP IP CLO 2014-1 Limerock CLO II

Comment by: Anonymous. Posted 8 years ago [2016-08-31 13:21:34]

Rising defaults and tightening spreads - not a fun time to be a CLO manager (or investor of any kind).

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CLOs

BlackRock prices new US issue with three triple B tranches 8 hours ago
Elmwood follows up print-and-sprint with second new issue in eight days 9 hours ago
Danske Bank Asset Management announces new fund investing in IG CLO tranches 2 days ago
HPS prepping to issue a European CLO, the first for the market in three weeks 2 days ago
Empower resets 2023 CLO with its second deal in three weeks 3 days ago

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