23 results found Showing page 1 of 1
- Direct lending (4)
- Emerging markets (2)
- High yield bonds (4)
- Investment grade credit (4)
- Structured credit (4)
- CLO (remove)
- Distressed debt (4)
- Credit derivatives (4)
- Leveraged loans (9)
- Marketplace lending (2)
- Real assets (3)
CLOs prove resistant to omicron in boost for new issue market5 months ago
The CLO market has withstood the impact of the omicron coronavirus variant with barely a dent on CLO liability pricing
2020 CLOs find redemption is sweet8 months ago
The believers have been vindicated with 2020 CLOs among the best-performing of all time by IRR. Even those that have been reset have been a success with par flushes making for huge equity distributions.
At least 2020 wasn’t dreadful for CLOs1 year 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
All’s well that ends well in 2020 OC tests1 year ago
Swathes of CLOs failed over-collateralisation tests last year, but unlike the drawn-out recovery following the 2008 financial crisis, the return to compliance after the covid-19 crash was rapid
Golub completes second CLO eligible for funding under the talf programme1 year ago
Golub Capital Partners has priced its second ever CLO eligible for funding under the talf programme
Moody's considers upgrading 188 US CLO tranches1 year ago
Moody's has put 188 CLO tranches from 114 US CLOs on review for possible upgrade, reversing an earlier policy in which the agency put large quantities of CLO notes on downgrade watch
I foresee various spooky spectacles hitting our screens - and your long portfolios1 year ago
Welshcake is settling in for a horror movie marathon. But in the previews he sees monsters lurking behind tight credit spreads
They should have followed Revlon's Double Twist mascara slogan of 2009: "It's worth a double take"1 year ago
Blockchain might not eradicate all problems in credit, but it should reduce human error
Apollo and Barings defer equity payments on long-dated CLOs2 years ago
Apollo Global Management and Barings have joined PGIM in deferring their scheduled April payment dates for a handful of European CLOs, according to the latest payment reports on CLO-i. Apollo also deferred payments on several of its US CLOs.
PGIM defers April European CLO equity payments2 years ago
PGIM has deferred scheduled April payments to equity investors of its European CLOs, the first European CLO manager to defer a payment date during the coronavirus pandemic
KKR takes covid-19 hit on flagship credit funds and lev fin2 years ago
KKR took a 16% hit to returns on its alternative credit flagship funds amid the first quarter coronavirus downturn and a 13% loss on leveraged credit, taking these into negative territory for the last 12 months. The firm's private equity portfolio also slumped by 12%
KKR deploys 10% of $2 billion coronavirus dislocation credit fund2 years ago
KKR Credit has plans to launch a $2 billion dislocated corporate and asset backed credit fund to take advantage of coronavirus-induced volatility. And the New York-based manager has wasted no time swooping on opportunities after deploying $212 million by 9 April
The opportunities to build par and spread within a CLO haven’t been this plentiful since 20092 years ago
Last year’s CLOs could become the benchmark for manager performance
Structured credit dragged very wide — but CLOs stand to gain2 years ago
Senior tranches of securitisations widened 220% in less than a month as the coronavirus pandemic has meant an increase in systemic risk — a sharp turnaround from the past few months when idiosyncratic risks were being cited as the main concern for structured credit investors.
CLO warehouses trigger draw stops as loan market tanks2 years ago
CLO warehouses are being put on ice due to ‘draw stop’ triggers, which have come into play as loan prices plunge.
Past returns: A new secondary market for CLOs2 years ago
Ten years ago we reported on the recovery of CLO triple As in the secondary market.
Investors watch Libor amid inter-bank liquidity concerns2 years ago
After a freefall to 74 basis points on 12 March, CLO managers found some relief in watching Libor rise to 120bp during the second part of the month.
$7.8 billion of CLO collateral, split evenly between the US and Europe, is in the loans that have fallen fastest in the past month. But short term CLO pain will bring opportunities for building par2 years ago
CLOs at a glance: CLO primary market grinds to a halt2 years ago
A round-up of CLO performance
A round-up of ucits fund performance2 years ago
A round-up of fund performance2 years ago
Fed accepts triple A-rated CLOs in new 'primary dealer credit facility'2 years ago
The US Federal Reserve Board will establish a primary dealer credit facility on Friday (20 March) to help defend against the impact of coronavirus-led market volatility
CLO new issues shut down as market digests fiscal stimulus measures2 years ago
The CLO and loan pipelines have dried up as managers and investors shift their focus to trading, according to market sources
23 results found Showing page 1 of 1
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