Refine Search
Article Categories
Strategy Tags
- CMBS (1)
- Direct lending (9)
- Distressed (3)
- Emerging markets (57)
- High yield bonds (117)
- Investment grade credit (2)
- Structured credit (3)
- CLO (48)
- Distressed debt (155)
- Leveraged loans (41)
- Marketplace lending (1)
- Synthetic/SRT (146)
Geography Tags
-
Seven deliverables valid for Sears CDS auction, as seven others split DC panel
5 years ago
There will be seven obligations deliverable into an auction on 14 November to settle credit default swaps referencing Sears Roebuck Acceptance Corp, the Americas Credit Derivatives Determinations Committee has decided. But members of the 15-strong DC were split over whether to include another seven potential deliverables that did not make the cut -
Lynn Tilton files for voluntary bankruptcy for Zohar CLOs
6 years ago
The drawn-out legal battle involving Zohar CLOs has taken a new turn, with the Zohar funds on Monday filing voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code -
Strengthen CDS definitions to stop engineered defaults, say lawyers
6 years ago
The likelihood of stamping out manipulation in the credit default swaps market – namely the practice of staging credit events – is remote, say market sources -
Investors nod through wind up of 1.0 euro CLOs
6 years ago
CLOs may have weathered the storm of the financial crisis far better than other structured products, but the tally of CLO defaults is quietly growing -
281 CLOs set to be affected as Avaya files for bankruptcy
7 years ago
The CLO market was hit by its first high-profile default of 2017 yesterday, after Avaya filed for bankruptcy. -
Investors call for default review as CMBS bonds face wipeout
7 years ago
Investors have called for an expert review of a credit event in a 2007 synthetic securitisation after the default left all but the triple A notes facing a total loss -
US leveraged loan defaults will stay low for some time, says Fitch
7 years ago
The US leveraged loan default rate is on track to end the year at 2%, according to a report from Fitch Ratings. The rating agency estimates that next year will be stable with default rates in the region of 2% -
Moody's highlights low recoveries in energy credit catastrophe
7 years ago
Recovery rates for lenders to oil and gas companies were “catastrophic” in 2015, according to a report published yesterday by Moody’s. -
BNP Paribas AM euro CLO makes history by triggering event of default
7 years ago
A 2004 vintage CLO managed by BNP Paribas Asset Management has hit an event of default, according to a notice available on CLO-i -
Three 2.0 CLOs placed on negative watch by S&P as defaults rise
7 years ago
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 -
Energy credits account for 49% of problem loans, reports Fitch
7 years ago
Energy companies are still overrepresented in the list of near-term default risks, according to research published yesterday by Fitch Ratings. -
Puerto Rico CDS settles with little open interest
7 years ago
CDS auction brings settlement of 58 cents on the dollar for defaulted island -
Energy-heavy CLOs set for more pain as oil defaults edge towards 18%
7 years ago
Continued weakness in the oil and gas markets will likely cause two more energy-related defaults in August, according to an announcement from Fitch Ratings -
CDS holders voice suspicions over bankruptcy timing as Oi talks resume
7 years ago
Isda's credit determinations committee meets for third time to determine timing of Oi's default timing -
Manager's legacy CLOs suffer downgrades despite strong equity returns
7 years ago
Mezzanine tranches from two US CLOs have been downgraded, but the pre-crisis deals are still making strong equity distributions -
CLO managers take a hit on Southcross
8 years ago
CLO-i data shows that several managers have taken a hit from their exposure to Southcross Holdings -
CLO investors sweep into options to clean up grimy loan portfolios
8 years ago
CLO investors are heading to the options market in droves in order to keep their portfolios clean -
Points up front: beware Thursdays
8 years ago
Investors in UK peer-to-peer lending platform Funding Circle are learning the harsh realities of credit risk -
CLO manager makes whopping $32.8 million quarterly equity distribution
8 years ago
Working out is good for you: a CLO manager has made equity-like returns thanks to two defaulted loans -
Southcross bankruptcy puts further pressure on CLO coverage ratios
8 years ago
Some CLOs are expected to take a sizeable hit after Southcross Holdings became the latest energy-related name to file for bankruptcy yesterday -
CLOs set to be poisoned as Peabody's canary goes belly up
8 years ago
In this metaphor, the canary is Peabody's 2022 second lien loan. -
Valeant goes in search of a remedy with loans in danger of covenant breach
8 years ago
Painkillers won't do - large loan issuer Valeant Pharmaceuticals is going to need something stronger as it looks to stave off a possible default -
Retail investors feel the pain as German mid-market defaults soar
8 years ago
The collapse of one of the biggest borrowers in Germany's smaller company bond market has cast doubt on the future of the €10 billion mittelstand bond market -
Isda rules against Novo Banco succession event
8 years ago
Isda's determinations committee decides that Novo Banco move was no succession -
Verso default triggers CLO 2.0 market's first OC breach
8 years ago
A 2013 CLO US CLO has become the first post-crisis deal to trip an overcollateralisation test, according to CLO-i
Want all the latest news, comment, analysis and data?