Refine Search
Article Categories
Strategy Tags
Geography Tags
-
Canyon returns in a big way for second European CLO
1 month ago
Thirteen months after its European debut, Canyon Partners priced its upsized second European deal yesterday -
European CLO primary spreads still have a long way to go
3 months ago
Are European CLO spreads in the primary market cheap or expensive? Our latest research shows that while US managers can celebrate AAAs reaching the 150s, in Europe spreads still have a long way to go to reach historical norms. -
Global CLO league tables - May 2023 YTD
11 months ago
Global CLO league tables - May 2023 YTD -
Beneath the triple C: Life could be better, but it’s just a letter, under the CCC
1 year ago
Many market participants were eagerly looking forward to a break in December after a gruelling year, but the rating agencies were in no mood to oblige. -
Beneath the triple C: Winter is coming for CLOs as downgrades outstrip upgrades
1 year ago
Both US and European issuers have felt downward pressure from the rating agencies as we head towards the end of the year, with downgrades to triple C now firmly outpacing upgrades out of it. -
Global CLO league tables - July 2022 YTD
1 year ago
Global CLO league tables - July YTD -
CLO pipeline: US manager base poised to hit 119 and Europe 57
2 years ago
The CLO market is open to newcomers as both the US and European are set to welcome first time CLO issuers – BlueBay Asset Management in the US and Acer Tree Investment Management in Europe -
Global CLO trading lab: Equity supply spikes as investors go long
2 years ago
CLO equity returned to the secondary market in a big way last week, after a month of very little visibility, with $118.3 million of US CLO and €44.9 million of European CLO subordinated notes on sale -
CLO pipeline: GoldenTree makes good home for single Bs in swarm of activity
2 years ago
Wider CLO spreads are not deterring US CLO managers or equity investors, as 14 new issues, 10 resets and seven refinancings enter the pipeline -
CLO pipeline: all-time CLO issuance records come under threat
2 years ago
14 new issues in US and three European new CLOs look to price in the coming weeks -
CLO pipeline: Five out, five in as market digests new issuance wave
3 years ago
Five new issue US CLOs priced from last week’s pipeline, but five more have replaced them in this week's edition of our pipeline report -
AlbaCore features capped triple A tranches on ESG-branded CLO
3 years ago
Nine months after making its CLO debut the manager has priced AlbaCore Euro CLO II, splitting the triple A tranches into three -
Axa IM combines single As in European CLO refi
3 years ago
Deutsche Bank arranged the € 274.7 million transaction, which cuts cost of debt by 31.8 basis points -
Global CLO b-wic round-up: equity trades break new records as investors look to redeploy cash
3 years ago
The CLO secondary market is experiencing heavy churn with €273.5 million of European CLO paper and $1.05 billion of US CLOs listed last week. Within that supply, a record trade for a 2.0 European CLO equty tranche was recorded -
European CLO triple As go tighter still as KKR prints at 83bp
3 years ago
Triple A spreads ground tighter in January with KKR’s latest European CLO -
January European CLO volume shoots to €2.9 billion as Five Arrows refis 2017 deal
3 years ago
It has been a busy start to the year for European CLO investors, despite new issues having been slow to get going. Five Arrows is the latest manager to take advantage by refinancing a 2017 vintage CLO - Contego CLO I -
OC health check: 41 CLOs heal their breaches
3 years ago
147 CLOs breached an over-collateralisation test in October, down from 183 in September. 41 CLOs that breached an OC test in September passed all OC tests in October, most of which had October payment dates -
OC health check: CLOs wake up when September ends
3 years ago
September showed a slight but clear improvement in CLOs’ over-collateralisation test results as 182 CLOs breached an OC test during the reporting period, compared to 198 in August. -
OC health check: August reports slow torrent of fresh breaches to a trickle
3 years ago
198 CLOs reported an over-collateralisation (OC) breach in August, only three of which were completely new breaches. This is a slowdown from July, when 230 deals suffered some kind of OC breach, according to the latest reports from CLO-i -
Global CLO b-wic round-up: CLO lower mezz tightens while equity investors strive for duration
3 years ago
A large supply of CLO paper flooded the secondary market last week as $1.5 billion of US CLO bonds and €370 million of European CLOs were listed, according to CLO-i -
Beneath the triple C: downgrades hold steady as Travelport loses its luggage
3 years ago
For the second month in a row downgrades to triple C steadied, with just under $9 billion of CLO loans falling to this rating across 34 corporate borrowers -
AlbaCore becomes third manager to debut in euro CLOs in 2020
3 years ago
AlbaCore Capital has joined the ranks of CLO managers after pricing its first-time transaction named AlbaCore Euro CLO I -
Global CLO league tables - April 2020 YTD
4 years ago
Global CLO league tables - April 2020 YTD -
Investors query loan b-wic objectives as trade rates plummet
4 years ago
Over €1 billion worth of loan paper has appeared in the form of European loan b-wics in March, according to market sources. But buyer appetite has been low -
Global CLO league tables - February 2020 YTD
4 years ago
Global CLO league tables - February 2020 YTD
Want all the latest news, comment, analysis and data?