Refine Search
Article Categories
Strategy Tags
- Direct lending (36)
- Emerging markets (9)
- High yield bonds (14)
- Investment grade credit (6)
- Structured credit (9)
- CLO (131)
- Distressed debt (17)
- Leveraged loans (16)
- Synthetic/SRT (6)
- ABL Financing (8)
Geography Tags
-
Global CLO trading lab: quality and optionality shine as 2020 and 2019 mezz trades up
2 years ago
The primary and secondary CLO markets are moving in tandem with both markets drifting wider amid a wealth of supply -
LP round up: big name managers win direct lending mandates amid $1.5 billion allocations
2 years ago
Apollo, Ares, Barings and CVC were among the beneficiaries of the direct lending rush in May -
Credit fundraising: Audax scores big in lighter month
2 years ago
Fundraising markedly dropped in May, but credit funds still amassed $12.8 billion and 10 credit funds reached final closes across a variety of different strategies -
Credit funds at a glance (June 2021)
2 years ago
A round up of fundraising and people moves in credit -
Post-covid CLO reset market heats up as Jocassee, PGIM and Oaktree price
2 years ago
The post-covid CLO reset spree is well underway as three managers - Jocassee Partners, PGIM and Oaktree Capital Capital Management - reworked deals that originally issued in April or May 2020 -
LP round up: $3.2 billion flows to 21 managers as private credit illiquidity premium holds firm
2 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 -
Market absorbs three CLO refinancings worth $1 billion
3 years ago
Apex Credit Partners, Barings and Voya Investment Management have each refinanced a CLO, with the three deals totalling $1.02 billion -
2012 and 2019 US CLOs get new lease of life as Barings and CVC hit reset
3 years ago
CVC Credit and Barings each tapped the CLO reset market on Friday, bringing total US reset volumes for April up to $4.15 billion -
Global CLO b-wic round-up: record level of CLO paper stalls rally
3 years ago
Record levels of primary and secondary CLO supply has left investors spoilt for choice and led to the CLO rally stalling -
Barings' new US CLO joins group of tight 2021 prints
3 years ago
Barings has produced its first new CLO of 2020, teaming up with JP Morgan on the $359.2 million deal named Barings CLO 2021-I -
Past returns: Highland sells European CLOs at second attempt
3 years ago
In Creditflux 10 years ago, we reported that Highland Capital Management was offloading its European CLOs, with Alcentra and Barings among the frontrunner -
CLO pipeline: US adds deals at frenetic pace as Europe catches breath after record start
3 years ago
US CLO investors have numerous deals to consider with 13 new issues and 15 repricings being prepared to flood the market in the coming days -
At least 2020 wasn’t dreadful for CLOs
3 years ago
Last year’s downturn was another in which CLOs survived and in many cases thrived as active management and Libor floors helped managers deliver 13%-plus returns to equity -
Barings' CLO team partners with Citi for first CLO as partnership since 2016
3 years ago
Barings has teamed up with Citi to print a new CLO, marking the manager's first partnership with the largest CLO arranger for the first time in over four years -
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 -
Elements work against CLO managers in Q3
3 years ago
CLO equity distributions fell in Q3 largely due to factors, such as Libor mismatches, that CLO managers can’t control. But these headwinds could turn in favour of managers in the near future -
Credit fundraising: Dubai manager gets in on the act as direct lending takes off
3 years ago
Shuaa launches credit fund in the Gulf as Ares, Contingency, HPS and Perceptive are among those to close billion-plus funds -
Credit Rendezvous: sometimes you have to dive deep to find value
3 years ago
Some parts of the credit market are fraught with danger, but that does not mean portfolio managers are avoiding them entirely, according to the Credit Rendezvous, Creditflux's 10-page quarterly report eaturing comments from 15 credit experts -
Credit fundraising: managers build homes for real estate credit funds
3 years ago
The “largest ever real estate credit fund” was one of the fundraising highlights last month as Blackstone’s Real Estate Debt Strategies IV fund reached $8 billion on its final close -
Global CLO round-up: fresh start for five year deals as market reopens
3 years ago
The CLO market is still producing deals at a good pace, with $2.6 billion of global issuance last week. Four new issue deals priced in the US with Intermediate Capital Group and NYL Investors pricing their first transactions of the year while CVC Credit Partners made it two and Barings three in 2020 -
Barings prices second US CLO in a month
3 years ago
Barings has stepped up the pace of its US CLO issuance, pricing its second 2020 new issue yesterday less than one month after pricing its first -
Barings launches second North American direct lending fund
3 years ago
Barings has begun fundraising for its second North American-focused direct lending fund, three years after closing the firm’s inaugural strategy. -
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 -
CLO pipeline: managers prepare to end quarter with a bang
3 years ago
CLO issuance is showing no signs of slowing down as spreads continue to grind tighter and election day draws ever closer
Want all the latest news, comment, analysis and data?