Search results
9 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
Geography Tags
-
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 -
"Conservative" Silvermine suffers further downgrade
8 years ago
ECP CLO 2014-6 is the fourth Silvermine CLO to be downgraded in the last month -
Silvermine's junior CLO notes suffer downgrade to triple-C
8 years ago
Silvermine Capital Management has had several outstanding CLO tranches downgraded by Moody's, following a wave of energy-related loan downgrades. However, the deals have made strong recent equity distributions -
Forced-seller rumour leads to derisory price talk in CLO secondary
8 years ago
Plummeting CLO net asset values and rumours of a forced seller caused secondary market price talk to hit new lows on Friday, as two single-B tranches circulated with price talk of 10 cents in the dollar -
Energy-heavy Silvermine CLO takes ratings hit from S&P
8 years ago
A 2013 CLO managed by Man GLG Silvermine has become the first to suffer a ratings hit due to the commodities downturn, after its junior mezzanine tranche was downgraded by Standard & Poor's late last month -
Verso default pushes at least one CLO towards test breach, says Nomura
8 years ago
The recent chapter 11 bankruptcy filing by Verso has put one CLO in danger of failing its interest diversion test, according to a recent research note from Nomura. -
Cantor hires two mid-market debt specialists from Cowen in New York
8 years ago
Cantor Fitzgerald has announced the hire of two senior bankers to lead its debt capital markets origination unit -
Energy investor raises $1.4 billion for new direct lending platform
8 years ago
A Houston-based energy specialist has held a first close on a new private debt fund and landed a $1.25 million managed account -
Opportunities open up in CLO equity as NAVs slump, finds Morgan Stanley
8 years ago
US 2.0 CLO equity net asset values have fallen significantly in recent months, presenting an opportunity for buyers, according to research published by Morgan Stanley
9 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?