Refine Search
Article Categories
Strategy Tags
- Direct lending (42)
- Emerging markets (39)
- High yield bonds (remove)
- Investment grade credit (52)
- Structured credit (32)
- CLO (35)
- Distressed debt (remove)
- Leveraged loans (43)
- Synthetic/SRT (85)
- ABL Financing (24)
Geography Tags
-
Parker Drilling recovery implied at 45 cents as dealers get set for CDS auction
5 years ago
An auction to settle credit default swaps referencing Parker Drilling will take place today, with bond trading levels of the defaulted company implying a payout to protection buyers of around 45-46 cents on the dollar -
Sears CDS settles well above bonds on physical settlement squeeze
5 years ago
Predictions that credit default swaps referencing Sears Roebuck Acceptance Corp would recover at a high level have been borne out, with an auction to settle the contracts having returned a value of almost 80 cents on the dollar – nearly 30 points higher than where bonds of the bankrupt US retailer have been quoted -
Dealers gear up to settle Sears CDS and rule on Ziggo successor
5 years ago
The long wait to settle the final price of Sears Roebuck Acceptance Corp credit default swaps will end today with a credit event auction, while investors could also learn whether there is successor to contracts referencing deregistered Ziggo Bond Finance -
Sears CDS battle heats up as DC challenged to change auction rules
5 years ago
A high profile battle over Sears Roebuck Acceptance Corp credit default swaps has taken a new turn, with one market participant challenging the Americas Determinations Committee to change its rules to avert price manipulation by another market participant in the bankrupt retailer's credit event auction -
GSO co-founder plans new credit business
5 years ago
GSO Capital Partners co-founder Tripp Smith is launching his own credit management firm, according to a report by Bloomberg -
Sear-iously? Isda slams ex-CFTC commissioner over CDS "hyperbole"
5 years ago
The International Swaps and Derivatives Association has waded into a gathering furore over Sears Roebuck Acceptance Corp credit default swaps -
Sears CDS settlement extends to 2019 as external review teams line up
5 years ago
Holders of Sears Roebuck Acceptance Corp credit default swaps will have to wait until at least 7 January to resolve the contracts, with an external review decision on deliverables into the defaulted borrower’s credit event auction slated for 21 December -
Sears CDS external review panel named to solve Determinations Committee impasse
5 years ago
The North America Determinations Committee has selected an external review panel to decide whether two Sears Roebuck Acceptance Corp debt obligations can be delivered into an auction to settle the US retailer’s credit default swaps, having failed to achieve a strong enough quorum among its own 15 members -
Astaldi CDS auction sets 30.875 final price as physical settlement boosts recovery
5 years ago
An auction today to settle credit default swaps referencing Astaldi has determined the final price to be 30.875 cents on the euro, meaning a 69.125 cents pay-out per euro for protection buyers -
Blackstone builds on multi-asset approach with fifth fund
5 years ago
The new vehicle will invest directly into Blackstone deals across its alternatives platform -
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 -
Astaldi credit event question posed as its distress weighs on iTraxx Crossover
5 years ago
Astaldi, a constituent of iTraxx Crossover, has been referred to ISDA-hosted Credit Determinations Committees as a possible bankruptcy credit event – less than two weeks after the index rolled into a new series -
San Francisco pension fund to deploy up to $4.5 billion in private debt
6 years ago
The City and County of San Francisco Employee’s Retirement System has revealed details of its new private debt pacing plan - which will see it deploy up to $4.5 billion and partner with up to 25 private debt managers over the next six years -
Canadian asset manager acquires Asian private credit specialist Clearwater
6 years ago
In a bid to gain entry to the Asian private credit market, Canadian investment firm Fiera Capital Corporation has acquired Asian credit specialist Clearwater Capital Partners -
Credit specialist poaches Goldman Sach's Eric Muller in New York
6 years ago
Credit specialist Oak Hill Advisors has hired New York-based Eric Muller from Goldman Sachs Group, according to a market source -
AUM drops but Oaktree dubs 2017 a "strong" year
6 years ago
Alternative investment specialist Oaktree Capital Management has reported a slight decrease in assets under management for the year of 2017 – but the Los Angeles-based firm’s chief executive described the year as a “strong” one for the company -
Energy PE firm Orion closes second credit opps fund at $816 million
6 years ago
Orion Energy Partners, a private equity firm providing capital solutions to mid-market energy infrastructure businesses, has closed its second credit opportunity fund at $816 million -
Ironshield guards against future stress in Europe
6 years ago
The withdrawal of quantitative easing in Europe, coupled with rising interest rates, could lead to increased volatility and improved credit selection opportunities, especially among low-grade credits -
Phoenix credit funds still flying high with $28 million raised over 12 months
6 years ago
Phoenix Investment Adviser has been hard at work attracting new investors to its credit funds --boosting its credit assets by $28 million, regulatory filings suggest -
Credit manager wins $200 million mandate from Texas pension fund
6 years ago
A west coast asset manager will be responsible for a separate account which will invest opportunistically across the credit market -
Fastest-growing firm in credit hires four managing directors in New York
7 years ago
BTIG has added 14 officials to its newly established credit platform in New York since the start of 2017 with the brokerage announcing four more recruits yesterday -
Newfleet hires distressed debt PM to work on new credit fund
9 years ago
Distressed debt portfolio manager leaves Third Avenue for rival manager -
Senior credit official leaves Marathon in New York
9 years ago
Senior portfolio manager and partner leaves his role with credit fund manager Marathon
Want all the latest news, comment, analysis and data?