Refine Search
Article Categories
Strategy Tags
Geography Tags
-
US CLO issuance for 2023 passes $10 billion as AMMC prices new deal
1 year ago
American Money Management Corporation priced a new CLO on Friday that took US CLO issuance for 2023 over $10 billion for the first time -
US CLO pipeline: busy January sets the tone for the year
1 year ago
US CLO new issuance in January has exceeded 2022’s volumes with $6.4 billion priced last month compared to $4.6 billion last year, and the market is showing no signs of slowing down -
AMMC returns with first new CLO in over six months
1 year ago
American Money Management Corporation priced its first new CLO in six months on Wednesday -
US CLO pipeline: five-year triple As solidify at 220bp
1 year ago
US CLO spreads are showing signs of widening as the benchmark triple A levels shift by 10 basis points. Senior triple As are aiming for a 220bp benchmark as LCM Asset Management and Neuberger Berman market five-year deals -
AMMC and Onex new CLOs add to bumper $2.4bn day for US issuance
1 year ago
American Money Management Corporation and Onex Credit Partners each priced a new CLO on Wednesday, part of a bonanza day for the primary market that brought $2.4 billion of new CLO issuance -
AMMC and Assured refinance CLOs to the tune of $715 million
2 years ago
American Money Management Corporation and Assured Investment Management together refinanced $714.8 million worth of CLO liabilities on Friday -
US CLO league tables: Blackstone takes new issue lead amid monthly new issue record
2 years ago
The US CLO market priced $23 billion of new issues in November, setting a record for most new issuance in a month in the 2.0 era -
AMMC makes it 101 US CLO issuers in 2021
2 years ago
There are 101 reasons to love CLOs as the US manager base reached new heights yesterday -
US CLO pipeline: Go long! Refis fall from favour as AMMC looks to join list of 2021 issuers
2 years ago
The only record left to fall this year in US CLOs is 2017’s refinancing total of $102.8 billion with the market $6.3 billion shy. Yet this segment shows little interest to break more records with the pipeline filled with new issues and resets as longer tenured deals are preferred. -
AMMC lowers 2020 CLO funding costs by 48bp with refi
2 years ago
American Money Management Corporation refinanced its late 2020 CLO AMMC 23 on Wednesday, lowering the deal's funding costs by 47.99 basis points in the process -
$1.25 billion of CLO refis span range of tenors
2 years ago
The CLO primary market absorbed $1.25 billion of refinancings as American Money Management Corporation, First Eagle Investment Management, PGIM and Alcentra priced cost-cutting transactions, with different reinvestment periods across the pack -
Five refis add $1.43 billion to CLO market
2 years ago
The CLO primary market has absorbed another $1.43 billion of refinancing paper as five managers printed cost-cutting transactions -
AMMC and Marathon refinance CLOs due to leave reinvestment in April
3 years ago
Another $800 million of CLO refi paper has been absorbed by the market after American Money Management Corporation and Marathon Asset Management cut financing costs for CLOs set to leave reinvestment in April -
AMMC, Marble Point and Partners Group each price US CLO refis
3 years ago
Three CLO managers have priced CLO refinancing transactions, with the three deals combining to a total of $1.03 billion. It brings the total volume of US refi paper in 2021 to $4.94 billion since the new year - just $180.9 million short of total post-covid refis in 2020 -
AMMC makes CLO new issue comeback after more than two years away
3 years ago
American Money Management Corporation has made a long-awaited comeback in the CLO primary market by printing its first new issue transaction since March 2018 -
Investors sell downgraded CLO tranches as single Bs widen sharply
3 years ago
Four CLO tranches downgraded during the third quarter are featured on a b-wic today that concludes 11am New York time, offering investors a chance to cash in on the recent spike in junior CLO spreads -
CLO pipeline: primary tightening opens door for CLO managers to print new issues
3 years ago
The CLO primary market is hitting a fast pace as it enters the last quarter of 2020. Last week brought a surge of new issuance as 11 US, two European and one mid market CLO manager priced their latest transactions -
Three CLO managers join rush to refi or reprice fixed rate CLO tranches
3 years ago
Three CLO managers - American Money Management Corporation, Teachers Advisors, and ArrowMark Colorado Holdings - have jumped on the fixed rate CLO refinancing or repricing trend -
Managers weigh up matters of principal
3 years ago
CLO managers that were able to avoid OC traps made double-digit equity distributions in Q2, despite the headwinds. But these firms tended not to be among those that built the most par -
OC health check: breaches start to take toll on July payment dates
3 years ago
37 CLOs reported an over-collateralisation test failure last week, but this was a falling percentage of those publishing trustee reports and none were fresh breaches -
AMMC returns to CLO primary market after 11-month hiatus
4 years ago
American Money Management Corporation yesterday became the 115th active CLO manager in 2019 after pricing its first transaction since November last year -
Global b-wic round-up: US CLO equity continues its surge
4 years ago
Last week marked the third straight week that the US CLO secondary market has seen total listings of under $600 million, but over a quarter of that was equity. -
AMMC resets 2016 CLO with triple As printing at 126bp
5 years ago
American Money Management Corporation was back in the CLO primary market yesterday, hiring Mizuho Securities to reset of AMMC CLO XV -
AMMC cuts triple A funding costs by over 50bp following CLO reset
5 years ago
American Money Management Corporation priced its third CLO transaction of the year on Friday with a $368 million reset -
CLO b-wic lineup: junior debt in Columbia CLO goes under the hammer
5 years ago
From triple A notes down to the equity, a bit of everything is up for grabs today
Want all the latest news, comment, analysis and data?