Refine Search
Article Categories
Strategy Tags
- Direct lending (23)
- Emerging markets (15)
- High yield bonds (72)
- Investment grade credit (52)
- Structured credit (24)
- CLO (236)
- Distressed debt (39)
- Leveraged loans (53)
- Marketplace lending (1)
- Synthetic/SRT (65)
- ABL Financing (11)
Geography Tags
-
CLO round-up: reset triple As price apart on divergent portfolios
5 years ago
CLO spreads have been volatile of late with seemingly no consistency in triple A CLO prints from deal to deal. In a reset-heavy week, BlackRock and Marathon Asset Management were positioned at opposite ends of the spectrum -
Credit drives strong returns for five of the largest asset managers in the business
5 years ago
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements -
Managers spot opportunity as leveraged loans soften
5 years ago
An abundance of US leveraged loan issuance helped soften secondary prices even though the overall market is highly bid. Meanwhile, investors’ preference for floating rate paper hit high yield -
CLO b-wic line-up: equity in 2.0 CLO with the lowest funding costs hits the market
5 years ago
It is set to be an eventful day for the secondary market as $264 million of US CLO b-wics and €35.9 million of European CLO b-wics are taking place -
Higher leverage is on the horizon - but, for now, take in the MFN sunsets
5 years ago
It’s clear from our analysis of most favoured nation protections and sunsets that strong demand for loans is enabling borrowers to insist on advantageous terms even as they increase leverage -
Past returns: KKR CLO was sign of things to come
5 years ago
Five years ago in Creditflux, we reported on KKR Credit pricing a US CLO that complied with European risk retention rules, in what was believed to be one of the first deals of its kind -
Hermes launches £185 million unconstrained credit fund
5 years ago
London-based Hermes Investment Management has launched a new Ucits-compliant unconstrained credit fund - which will include pricing ESG risks -
CLO b-wic line-up: over $300 million of senior CLO paper goes on the block
5 years ago
Senior notes dominate the secondary market today as $306.5 million worth of triple A notes are up for grabs -
65% of distressed managers plan new funds over the next year, survey finds
5 years ago
Distressed debt is proving to be a popular strategy for managers, with 65% intending to launch a distressed strategy in the next 12 months, according to a report by Creditflux’s sister publication Debtwire and law firm Ropes & Gray. -
CLO b-wic line-up: middle market positions trickle into secondary market
6 years ago
CLO b-wic lineup: middle market positions and blast of double Bs flood the market -
CLO b-wic line-up: 5% CLO stakes go up for sale
6 years ago
With US CLO risk retention a thing of the past the door has opened for managers to offload their vertical strips -
CLO b-wic lineup: junior debt in Columbia CLO goes under the hammer
6 years ago
From triple A notes down to the equity, a bit of everything is up for grabs today -
CLO b-wic line-up: price talk circulates on CVC CLO control block
6 years ago
The control equity position in CVC Credit Partners’ 28 days-old reset, CVC Cordatus Loan Fund VI, is available in the secondary market today -
Anchorage wins $75 million ticket for global credit fund
6 years ago
A US pension fund has approved an investment in the upcoming Anchorage credit fund -
Ropes & Gray announces 33 promotions including finance and hedge fund professionals
6 years ago
Law firm Ropes & Gray has promoted 33 lawyers to counsel of the firm, with the attorneys representing a range of practice groups including finance, investment management, hedge funds and private investment funds -
London direct lender seeks more than €1 billion for strategic credit fund
6 years ago
According to a market source, Pemberton's latest strategc credit fund is aiming to raise at least as much as its inaugural fund, which last year raised €1.2 billion from 27 investors -
Balance of power shifts away from direct lenders
6 years ago
Mid-sized corporations are getting their way at the expense of direct lenders at the negotiation table, recent research suggests. -
Shrinking spread cushions prove hard for CLOs
6 years ago
Falling loan spreads are placing ever tighter constraints on CLO managers’ choice of investments just as the loan supply itself is declining -
Managers pick spots on CLO curve
6 years ago
As refi volumes slowed through 2017, the term curve for CLOs steepened, leading managers to vary their deal tenors as they sought to hit the evolving sweet spot. -
CLO managers return to new issues
6 years ago
The frenetic pace of refis and resets slowed in the third quarter as CLO managers – new and old – turned their attention to building assets -
Infrastructure-backed CLOs return as $450 million deal prices
6 years ago
An investment bank affiliate has priced the first CLO backed by infrastructure assets since the financial crisis -
GoldenTree partner joins Alcentra as co-chief investment officer in London
6 years ago
Vijay Rajguru, a partner at GoldenTree Asset Management, is joining Alcentra as its co-chief investment officer. -
CLO round-up: number of US managers unfazed by risk retention hits 70
6 years ago
It says a lot about the CLO market this year that a week in which $1.6 billion of new issue paper prices qualifies as a 'quiet' week. Our analysis finds that 70 managers have priced new US CLOs this year - a 52% increase on 2016 -
CLO round-up: it's a good time to be a debut manager
6 years ago
New managers are taking advantage of welcoming debt investors by speedily raising CLOs. Our analysis shows that 2017 is the perhaps the best time to price a debut CLO since 2013 -
Leading fund: Lupus Alpha CLO Opportunity Notes I
6 years ago
Single-B CLO trades boost Lupus Alpha asset Management
Want all the latest news, comment, analysis and data?