Refine Search
Article Categories
Strategy Tags
- Direct lending (27)
- Emerging markets (11)
- High yield bonds (78)
- Investment grade credit (16)
- Structured credit (13)
- CLO (99)
- Distressed debt (42)
- Leveraged loans (remove)
- Synthetic/SRT (13)
- ABL Financing (7)
Geography Tags
-
Full-year 2023 European Leveraged Highlights
4 months ago
Debtwire has released the full-year 2023 European Leveraged Highlights, containing key trends in the leveraged loan and high-yield bond markets -
End on a high: institutional loan and HY bond issuance rises 44% YoY
4 months ago
Leveraged finance (LevFin) issuance across the US institutional loan and high-yield (HY) bond markets totalled USD 529bn in 2023, representing a 44% year-on-year (YoY) increase -
US CLO credit Air Methods Corporation files for bankruptcy
6 months ago
Air Methods Corporation, a widely held name in the US CLO market, filed for Chapter 11 this morning reporting USD 1bn to USD 10bn in liabilities. -
Loan Highlights 3Q23: Loan volumes remain significantly lower than historical averages
7 months ago
Capital markets loan activity continued to struggle in the third quarter of 2023, as issuers in the Americas and Europe held off from tapping markets -
ICG taps Apollo partner as head of US liquid credit
7 months ago
The new head of US liquid credit has been tasked with helping grow ICG's US credit business -
In Kirschner fallout, lenders may be asked to rep that they aren’t investors
Our Xtract Research team explores an unexpected outcome from the recent Kirschner ruling
8 months ago -
US leveraged loan issuance drops 35% year on year
9 months ago
Debtwire 's new July 2023 US Leveraged Highlights report sees a striking 70% year-on-year decrease in new money institutional activity as lack of supply from the M&A market weighs on issuance -
Snooze - you’re extended! Can lenders in European SFAs sleep-walk into extended tranches? - Xtract Special Report
9 months ago
This Xtract Research special report asks whether lenders under European SFAs could find themselves re-designated into a later-maturing facility or tranche than originally documented without their explicit consent -
Funds round-up: its still all about private credit
9 months ago
Our summary of all the news about credit funds in the last seven days as private credit again dominated fundraising -
June 2023 US Leveraged Highlights
10 months ago
Debtwire has released the June 2023 US Leveraged Highlights, featuring key trends in the leveraged loan and high yield bond markets. -
Fund performance
10 months ago
Good month for CLO funds sees six in top 10 as Axiom sets pace -
Fund performance: Credit funds end difficult 2022 on a positive note
1 year ago
In December 66% of credit funds reached a positive return, following an even better November where 81% of all funds pushed into the black -
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. -
European CLO managers trade loans to avoid (par) burn
1 year ago
Between March and July, European CLO managers traded €21 billion of assets within CLOs that were still in their reinvestment period as opportunities arose amid a weaker macro environment and Russia’s war with Ukraine -
Beneath the triple C: Stormy October hits CLOs with rising tide of downgrades
1 year ago
After a slight respite in the pace of downgrades over the summer for CLOs, October brought renewed momentum as macro-economic pressures - primarily high interest rate burdens for corporate borrowers and supply side inflation - became the recurring rationale -
Pimco targets up to $5 billion for flexible credit fund
1 year ago
The fund will invest across capital solutions, distressed and stressed opportunities, and idiosyncratic positions -
What matters is what you do with it
1 year ago
CLO managers yearn for flexibility so they can take advantage when credit sells off. But it isn’t enough on its own: triple C-flex CLOs saw portfolios erode this year, while CBOs outperformed -
Nerves of steel needed for CLOs as Phoenix Services files for chapter 11
1 year ago
CLOs hold $341.54 million of steel service provider Phoenix Services Topco which filed for chapter 11 protection in the US Bankruptcy Court for the District of Delaware yesterday -
Judges rule in favour of Citi in overturning Revlon decision
1 year ago
Citi has won its appeal against Revlon creditors, forcing a consortium of asset managers to return more than half a billion dollars received in an accidental transfer in 2020 -
Beneath the triple C: US CLOs take a dip in the triple C as Europe watches from the sun lounger
1 year ago
The US CLO market bore the brunt of downgrades to triple C in July and August, with a total of $6.22 billion of paper affected. European CLOs enjoyed a more relaxing summer holiday, with only 1 name representing €33.88 million worth of bonds downgraded to triple C. -
Cineworld buys ticket for DIP facility with chapter 11 filing
1 year ago
Cineworld filed for Chapter 11 in the US Bankruptcy Court For The Southern District Of Texas on Wednesday, less than a month after the UK-based cinema operator announced Chapter 11 was among the options it was considering to “achieve its restructuring objectives” -
ArrowMark fills vacancy in London with SRT hire from sell side
1 year ago
ArrowMark Partners has filled a void in its London office after hiring an SRT specialist from Citi -
Three defaults mean CLO OC ratios to decline by 17bp in September, says BofA
1 year ago
CLO overcollateralisation ratios are set to decline by 17 basis points in September following the defaults of Cineworld, Endo and Carestream health, according to a research paper from Bank of America -
CLOs keep eyes glued to screen as Cineworld previews possible chapter 11
1 year ago
Cineworld, the UK-based cinema giant, has announced that a chapter 11 restructuring is among the options it is considering, in response to recent media speculation about a possible default -
Quick! Avaya has ignited and $1 billion of CLO assets are at risk
1 year ago
Sparks are flying in the leveraged loan and high yield market after communications company Avaya Holdings slashed its forecasted earnings mere weeks after syndicating new debt. The rapid decline of Avaya's debt has left CLO managers little time to avoid the blaze
Want all the latest news, comment, analysis and data?