Refine Search
Article Categories
Strategy Tags
- Direct lending (740)
- Distressed (1)
- Emerging markets (191)
- High yield bonds (522)
- Investment grade credit (256)
- Structured credit (616)
- Distressed debt (374)
- Leveraged loans (953)
- Marketplace lending (28)
- private credit (3)
- Synthetic/SRT (329)
- ABL Financing (192)
Geography Tags
-
Investors disagree on impact of NAIC’s CLO modelling proposal
1 year ago
A split is forming among insurance-backed CLO investors, with some not concerned by the National Association of Insurance Commissioners’ CLO proposals -
Wide spreads lead managers to plump up CLO par subs
1 year ago
Widening CLO spreads are causing rating agencies and investors to push for additional par subordination in CLO tranches, sources say. CLO funding costs have risen above 300 basis points in Europe and above 275bp in the US -
Making the grade: CLO managers move into IG bonds
1 year ago
CLO managers have been using the incredible volatility in credit markets this year to add an unfamiliar asset to their portfolios – investment grade bonds -
We can cope with downgrades again
Having overcome one loan downgrade wave in 2020, the CLO market is now facing another. But this time CLOs are defensively positioned, and managers have a chance to adjust portfolios1 year ago -
Tikehau adds to triple-A discovery with first European CLO of year
1 year ago
Tikehau Capital on Tuesday night priced its first European CLO transaction of the year, via BNP Paribas -
Oxford Lane reveals reinvestment goal as it trades over $200 million in secondary CLOs in Q2
1 year ago
Senior officials at Oxford Lane Capital Corp described the firm's second quarter approach to CLO investing on a Tuesday earnings call, revealing trades of CLO equity and junior debt amounting to $237.8 million -
Vida hires well known structured credit official in New York
1 year ago
Vida Capital, which signalled CLO ambitions earlier this year, has bolstered its structured credit team with the appointment of a former Apollo partner and portfolio manager -
US CLO triple As reach 225bp as CIFC prints sixth deal of the year
1 year ago
CIFC Asset Management printed its sixth US new issue of the year yesterday, pairing with Morgan Stanley on the $392.3 million transaction -
NAIC accepts "excellent" CLO performance, but is not convinced by manager influence
1 year ago
The National Association of Insurance Commissioners has disclosed that it received eight responses to its CLO proposal with the firm summarising these responses as cautious -
Indicative deal structure emerges for debut Centerbridge BSL CLO
1 year ago
A preliminary deal structure has emerged for a forthcoming Centerbridge Partners debut CLO, in the market via Morgan Stanley -
CVC issues print-and-sprint Euro CLO as Goldman marks comeback
1 year ago
Goldman Sachs returned to European CLO arranging duties last week as CVC Credit Partners priced a print-and-sprint deal -
Atlas feels weight of static CLOs as triple As reach 260bp
1 year ago
The US CLO term curve inversion is becoming more exaggerated after Crescent Capital priced a static CLO with the coupon on the senior notes set 47 basis points (or 22.1%) wide of five-year CLOs -
CLO market mood sours amid bitter economic outlook
CLO market participants are privately discussing their concerns regarding the medium-term future of the loan market as the prospects of a prolonged economic downturn mount
-
CSAM prints first European CLO in 12 months
1 year ago
Credit Suisse Asset Management has become the latest manager to navigate through challenging market conditions to price a European CLO -
US CLO pipeline: like a (Center)bridge over troubled water
1 year ago
A large asset manager is marketing its first US CLO at a time of volatility in the underlying loan market. Whereas other funds build walls, CLOs build bridges -
Carlyle's global credit business becomes largest share of firm's fee-earning AUM
1 year ago
Carlyle has held a first close on its second revolving credit fund, while saying its CLOs are ‘well positioned’ and it does not expect management fee deferrals anytime soon -
Large US manager closes third captive CLO equity fund
1 year ago
The $140 million fund is anticipated to invest in over five of US CLOs -
Neuberger Berman upsizes latest CLO offering prior to pricing
1 year ago
Neuberger Berman upsized its new CLO to $566 million before pricing the deal on Thursday -
PGIM scores new CLO with five-year reinvestment period
1 year ago
PGIM priced a new $494.3 million CLO on Thursday via Citi named Dryden 104 CLO -
Oak Hill prints rare four-year reinvestment US CLO
1 year ago
Oak Hill Advisors priced a rare four-year reinvestment CLO on Thursday, partnering with Citi on the $400 million deal named OHA Credit Funding 13 -
Alcentra prints European CLO with triple A coupon at 212bp
1 year ago
Alcentra’s Jubilee 2022-XXVI is the fifth European CLO to price in July, taking the month up to €1.89 billion. That is dwarfed by the 11 European CLOs that priced with a combined €4.78 billion in July 2021 -
Bridgepoint becomes control equity investor in 2021 CLO after secondary trade
1 year ago
Bridgepoint says it bought an additional 30% equity stake in its third European CLO, Bridgepoint CLO 3, meaning the firm has a majority equity interest in the deal at 61%. The price suggests the CLO is performing well -
CLO term curve inversion hits new extreme with Trinitas print and sprint deal
1 year ago
Trinitas Capital Management became the sixth US CLO manager this year to issue a static CLO transaction -
Bank's European structured credit syndication head leaves industry
1 year ago
A CLO syndication specialist, who used to be a CLO trader, has left his role as head of structured credit syndicate after 18 months in the job -
Allstate prices US CLO with tight coupons as triple As hit 205bp
1 year ago
Allstate Investment Management has priced its second CLO of the year at what appears to be a much tighter level than other five-year US deals
Want all the latest news, comment, analysis and data?