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
-
Euro CLO league tables: PGIM and Jefferies lead as Euribor caps come back in fashion
2 years ago
April was the quietest month of the year in the European CLO market with only €2 billion pricing across four new issues and one reset -
US CLO league tables: Blackstone gets back to business as it rises to the top
2 years ago
Blackstone is no longer the largest CLO manager globally (it lost that title in March). But it is the most prolific issuer in 2022 -
Mid market CLO league tables: Arranger base grows as bumper day boosts issuance
2 years ago
Managers priced $3.4 billion of mid market CLO paper priced last month, the second busiest month of the year behind February and the third straight month new issues and resets made up 100% of issuance -
Global CLO league tables - April 2022 YTD
2 years ago
Global CLO league tables - April YTD -
CLO manager M&A deal boosts equity investor Hildene Capital
2 years ago
Hildene Capital Management boosted returns in its CLO equity business last month after its manager partner Carlson Capital sold the management contracts for its CLOs to WhiteStar Asset Management -
Loan buyers warned about rush of Sofr opt-in amendments
2 years ago
CLO managers must be mindful of loan amendments that facilitate a benchmark switch from Libor to Sofr, as they could find themselves buried in paperwork and locked into tight deadlines -
European CLO managers aim for bigger bond bucket fix
2 years ago
European CLO managers are eyeing larger fixed rate bond allocations amid dislocation and lower loan supply. This has, in turn, led to an increase in fixed rate tranches -
Managers look at rating agency combos as weighted average life drops
2 years ago
CLO managers are looking closely at rating agency pairings as investors opt for shorter risk horizons, according to market participants. -
NatWest buys triple As to win future CLO business
2 years ago
NatWest Markets is understood to be buying European CLO triple A paper on its balance sheet in the hopes of picking up future mandates for its arranging business, according to market sources -
Investable universe for Euro CLOs shrinks amid inflation
2 years ago
The number of loans suitable for European CLOs is getting smaller at a time when new CLO issuers are looking to enter the market -
Fund performance: Credit bounces back from February blues
2 years ago
March performance figures were a slight improvement from the market turn in February; 47% of funds made positive returns, an increase on 17% the previous month -
Credit hedge funds (May 2022)
2 years ago
Credit hedge fund returns -
Ucits at a glance: Robus stands tall among Ucits funds
2 years ago
27% of Ucits funds had positive returns in March, a slight improvement from 10% in February -
Credit funds at a glance (May 2022)
2 years ago
A round up of fundraising and people moves in credit
-
CLOs at a glance (May 2022)
2 years ago
A listing of CLOs that have priced in the last month
-
We’re drifting apart
2 years ago
Everyone’s issuing US CLOs these days and it is tempting to believe the crowd of managers is blending into one. However, overall portfolio overlap has dropped to 37.7% across 2021 CLOs -
CLO triple As lag recovery as IG relative value opens up
2 years ago
The CLO market rebounded in late April after a volatile two months following Russia’s invasion of Ukraine, but triple A notes have lagged the recovery even as mezzanine debt tranches tightened -
Tech firm eyes data-driven approach to CLO management
2 years ago
As New York-based tech firm Exos prepares to launch what it calls “the first truly tech-enabled CLO”, the specialist leading its efforts says technology could soon play a central role in CLO portfolio optimisation -
Dispersion begets dispersion in mixed bag of fund returns
2 years ago
Idiosyncratic risks are set to rise in credit, with fund managers becoming occupied with tail risks, and that has been seen in a scattered set of March hedge fund returns -
CRE CLO episode shines light on CLO get-out clauses
2 years ago
Market disruption clauses are rare in CLO warehouse agreements, but litigation surrounding a cancelled 2020 CRE CLO underlines how these can give CLO issuers added flexibility in a doomsday scenario -
Past returns: ‘Stabilisation’ provides back-up
2 years ago
Five years ago in Creditflux, we reported that Wells Fargo had offered to buy tranches in an Octagon Credit Investors’ CLO to support execution. -
They said it: "CLO triple As are attractive lending opportunities"
2 years ago
A bank is about to start buying CLO tranches -
"The CLO market can resemble a primary school soccer game, with everyone crowded around the ball"
2 years ago
The ability to refinance or reset a CLO is valuable, but there are friction costs to consider -
Mizuho CLO trader rejoins Deutsche Bank
2 years ago
A CLO trader and executive director has resigned from Mizuho to rejoin Deutsche Bank -
M&G eyes European CLO comeback with new sustainability agenda
2 years ago
Another 1.0 CLO manager - and a giant of the fund management industry - is set to make its grand return to CLO management after 14 years away from the market
Want all the latest news, comment, analysis and data?