Search results
24 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
- Direct lending (5)
- Emerging markets (5)
- High yield bonds (remove)
- Investment grade credit (13)
- Structured credit (1)
- CLO (8)
- Distressed debt (8)
- Leveraged loans (9)
- Synthetic/SRT (18)
- ABL Financing (1)
Geography Tags
-
Buy-out rumours send US high yield company back to January spread levels
1 year ago
Not many single name credits are ending 2022 at the same spread levels they entered the year, but one US high yield company has that profile after its rally of the past three weeks picked up speed following buy-out rumours -
Asia credit rallies sharply but rest of world holds firm ahead of Fed
1 year ago
While most of the global financial market hangs in the balance, Asian credit has undergone a second day of relief rallying having hit the year’s peak on 31 October -
Energy firms underperform in credit sell off as oil prices slump
1 year ago
Investment grade credit is the underperformer on Wednesday as the market pivots wider amid negative economic signals and ahead of US Federal Reserve chair Jerome Powell’s appearance before Congress -
Credit rally gathers momentum as Fed pitches for credibility
1 year ago
European credit’s relief rally has extended on Tuesday, with US stock futures pointing in a positive direction on return from the country’s holiday and the US dollar slipping a touch against the euro -
Fed hike speculation holds sway over Europe and Asia despite US holiday
1 year ago
Credit markets have opened the week marginally tighter, with Europe and Asia cautious on Monday in the absence of a US trading session, and US Federal Reserve statements likely to drive sentiment in the rest of the week -
Europe trades heavier than US as market baulks at new hikes
1 year ago
Credit spreads have resumed their push wider, with European indices once again under more pressure than their US counterparts -
Nuclear power plant seizure amps up commodity chaos
2 years ago
The high volatility driven by Russia's invasion of Ukraine is taking financial markets to new extremes, with credit ending the week once again hitting new widest spreads since mid-2020 -
LP round up: Fidelity wins big, Pacific retains loan mandate, pensions eye distressed
2 years ago
The month also included one CLO fund commitment, one high yield manager search, one finalised US loans mandate and one $400 million multi-sector fixed income managed account mandate -
Credit Rendezvous: Credit spins full circle
2 years ago
The third quarter was massive in terms of volumes with CLOs, high yield, leverage loans and private equity registering record issuance. But credit spreads were up and down as inflation fears, crackdowns in China and rising coronavirus cases became catalysts for risk-off sentiment in July and September -
Publishing boost for French firm but China sours wider market
2 years ago
Lagardere is a notable positive outlier in another off day for the credit market, after China turmoil rocked stocks and sent spreads wider -
LP round up: $3.2 billion flows to 21 managers as private credit illiquidity premium holds firm
3 years ago
Investors allocated at least $3.2 billion to credit managers in April - and direct lending funds were in favour with Churchill and Ares being awarded two mandates -
Beneath the triple C: 13 CLO loans take a dive but defaults subside to a ripple
3 years ago
22 corporate debt issuers were downgraded to triple C or below in November and December by Moody’s or S&P, out of which 13 can be found in CLO portfolios – hurting $4.55 billion of US CLO loans, €1.87 billion of European CLO portfolios and almost $80 million of middle market CLOs loans, according to CLO-i -
Europe leads corporate credit rally, but US outperforms in CLOs
3 years ago
iTraxx Crossover has been the CDS market's outperformer this week, tightening over 30 basis points, or 11.4%, to trade at 235bp today. But in the CLO market, US deals have come out on top thanks to a BlackRock CLO that priced its double Bs at some of the tightest levels this year -
Wide-end names gain ground as market hits impasse
3 years ago
Financial markets appear to have a hit resistance points in several asset classes today, with credit, stocks and oil prices struggling to find traction despite encouraging signals from the UK on rolling out the Pfizer/BioNTech covid vaccine -
European CLO double Bs jump wider amid October macro worries - but seniors stand firm
3 years ago
The fortunes of investment grade and high yielding European CLO tranches have gone in opposite directions in the last month. In a year where relative value has shifted several times, Creditflux analysis shows that new issue European CLO double Bs have blown out by 16.5% in October versus September, while triple A-rated notes have tightened 6.7% in that time -
LP round up: $5 billion flows to credit as private market allocations increase
3 years ago
Global institutional investors allocated nearly $5 billion to credit funds this week, according to documents seen by Creditflux -
Barings and PGIM win loan and structured credit mandates as pension puts £2.7bn in credit
3 years ago
The firms will manage global syndicated loans, securitised credit, emerging market debt and global high yield credit for Border to Coast Pension Partnership's £2.7 billion ($3.43 billion) multi-asset credit fund -
Silver lining: credit investors provided with lower entry points than Q4 2018
4 years ago
Oil shocks and the coronavirus outbreak, along with aftermath effects such as US Federal Reserve interventions and lockdowns, is providing credit investors with lower entry points than the Q4 2018 sell-off, say sources. Furthermore, an expected U-shaped rather than V-shaped recovery could provide a greater money multiple for opportunistic investments - if they can access them -
Credit reels back to January 2019 levels as coronavirus impact spreads
4 years ago
A more positive opening for European credit today proved short-lived, as coronavirus developments caused the market to reverse its modest improvement early on to careen back to some of the widest levels in over a year -
Rallye CDS auction price drops to 12.5 cents on unmatched sell requests
4 years ago
Rallye's credit event auction to settle CDS contracts produced a final price of 12.5 cents today, lower than the initial price set in the first round this morning of 14.975 -
Rallye CDS set for high pay-out with credit event auction underway
4 years ago
Rallye CDS looks set for a high pay-out to protection buyers after a credit event auction today to settle the contracts produced an inside market midpoint of 14.875 cents, slightly below where the retailer’s bonds have been quoted -
I liked it when banks could hold risk and actually had inventory to shift
5 years ago
Louis Gargour, CIO of LNG Capital, takes our credit quiz -
BNP Paribas vehicle raises €110 million in one month
6 years ago
The BNP Paribas Short-Term European Securitisation Fund has raised €110 million in just one month after picking up a triple A rating -
Investing ethically is worth it
7 years ago
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe
24 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?