Refine Search
Article Categories
Strategy Tags
- Emerging markets (3)
- High yield bonds (19)
- Investment grade credit (5)
- Structured credit (4)
- CLO (2)
- Distressed debt (remove)
- Leveraged loans (4)
- Synthetic/SRT (16)
- ABL Financing (2)
Geography Tags
-
Fund performance: Rocky May piles on the misery for credit hedge funds
1 year ago
Negative fund performance soared in May -
Russian credit event auction plans put on hold after US sanctions update
1 year ago
Settlement of Russian Federation sovereign CDS has hit a delay, with the US having published updated advice on sanctions that could jeopardise the ability to conduct a credit event auction -
York's European credit team embarks on fresh start under Fidera
2 years ago
York Capital’s European credit team has completed its spin out -
Fund performance: Wasserstein's early 2021 performance drives it to the top
2 years ago
The final top 10 of 2021 featured a variety of funds as five different strategies were ranked among the best. US high yield was the most highly represented with two BlackRock funds and an Angel Oak in the top 10 -
Co-head of Blackstone's GP stake-buying business to join Angelo Gordon
2 years ago
Angelo Gordon has snapped up a big name from Blackstone -
Deutsche Bank adds credit trading head to US build out
2 years ago
Deutsche Bank is looking at the next phase of its US development with the hire of a credit trading head from another bank -
Pizza Express auction leaves protection sellers with just pineapple
3 years ago
An auction to settle Pizza Express CDS looks set to leave protection sellers with little solace, after the first round of bidding indicated a high pay-out on contracts referencing the UK-based restaurant chain -
Pizza Express auction date set with two bonds on initial list
3 years ago
Pizza Express 2014-version CDS contracts will be settled at auction on 1 October, following the UK food retailer’s triggering of a failure-to-pay credit event this month -
Pimco appoints Sculptor veteran as head of private credit in Europe
3 years ago
Pimco has hired an experienced figure in the European credit markets as it seeks to grow its special situations business -
Matalan credit event ruling draws heavily on precedents, says DC
3 years ago
A bankruptcy credit event ruling on Matalan - the first this year in a European index - was a close call and relied heavily on several precedent credit events, the EMEA Determinations Committee has said -
DC sets Wirecard CDS auction date, obligations and settlement terms
3 years ago
The Determinations Committee for Europe, Middle East and Africa has set a date to settle CDS contracts referencing German digital payments company Wirecard -
Thomas Cook CDS buyers face bond squeeze as DC ejects 2023 notes from auction
4 years ago
The likelihood of a squeeze on Thomas Cook Group obligations has increased for market participants looking to physically settle their CDS contracts, after the Determinations Committee ruled that the collapsed UK travel firm’s €400 million 3.875% senior notes due 2023 were inadmissible into a credit event auction -
Thomas Cook ruling puts 2014 format CDS contracts back in the money
4 years ago
Thomas Cook Group triggered a failure-to-pay credit event when it filed for chapter 15 protection last month, the Determinations Committee has ruled – a decision that has big implications for holders of newer format CDS contracts on the name -
Roll week leaves CDS in strange places
4 years ago
CDS traders navigate a much-changed landscape in October, after one of the most impactful index rolls in recent times. -
Thomas Cook puts older and newer version CDS on separate planes
4 years ago
Thomas Cook’s filing for chapter 15 protection in New York last week means older version CDS contracts with a 20 September maturity triggered pay-outs, the Determinations Committee has ruled. But the worth of newer format CDS with the same maturity remains unclear ahead of a further DC meeting on Friday -
Top Gun triggers credit event, but there's no debt in the barrel
4 years ago
Top Gun Realisations 61, a New Look retail group private limited company that was previously named New Look Bondco I, has triggered a bankruptcy credit event, the EMEA Determinations Committee has ruled. But no CDS auction will follow since the reference entity has no debt outstanding -
BlueMountain lands senior credit trader in New York
4 years ago
BlueMountain has hired an experienced trader in New York to cover credit and special situations -
Supermarket owner Rallye triggers credit event and joins queue for settlement checkout
4 years ago
Rallye, the parent of French supermarket chain Casino, has triggered a bankruptcy credit event, the Determinations Committee for Europe, Middle East and Africa (EMEA) has determined -
New Look triggers credit event with big pay-out likely for CDS
5 years ago
The Europe, Middle East & Africa Determinations Committee has ruled that New Look has triggered a failure-to-pay credit event -
Steinhoff has triggered failure-to-pay credit event, rules DC
5 years ago
Steinhoff Europe has triggered a failure-to-pay credit event, the EMEA Credit Derivatives Determinations Committee has ruled unanimously -
Challenge rejected on cheapest-to-deliver bonds for Windstream CDS auction
5 years ago
The Americas Credit Derivatives Determinations Committee has unanimously rejected a challenge by a market participant against allowing some of the cheapest Windstream bonds to be delivered into an auction to settle CDS referencing the company -
Arnold & Porter adds restructuring partner in New York
5 years ago
Arnold & Porter has bolstered its restructuring and bankruptcy practice in New York with the appointment of a former Morrison & Foerster partner -
Apollo forms Italian real estate partnership
6 years ago
Funds affiliated with Apollo Global Management have formed a strategic partnership with Milan-based Realty Partners to invest in the Italian real estate market -
Seasoned credit fund manager rejoins Marathon in New York
6 years ago
A credit specialist has completed a circuit, returning to Marathon Asset Management after nearly 12 years away -
Former Credit Suisse affiliate takes in $115 million for structured credit fund
6 years ago
A New York-based credit manager that spun out of Credit Suisse has raised more than $115 million in the last year for its for a structured credit strategy that now totals $677 million
Want all the latest news, comment, analysis and data?