Search results
22 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
- Direct lending (1)
- High yield bonds (9)
- Investment grade credit (5)
- Structured credit (1)
- CLO (4)
- Distressed debt (6)
- Leveraged loans (4)
- Synthetic/SRT (10)
Geography Tags
-
Retailers, travel cos and Italian banks lead charge as market rally accelerates
1 year ago
Retail companies have been resurgent on Thursday as the credit market’s relief rally gathered pace, with Europe seeking to catch up with the US following its strong surge -
Credit rally revives as investors scour ECB for Easter eggs
2 years ago
Credit spreads are taking a turn for the tighter on latest European Central Banks statements, at the end of a short week characterised by flatter index trading but persistent single name volatility -
High yield and IG single names diverge even as buyside seeks macro neutrality
2 years ago
High yield and investment grade single names are moving in opposite directions at the start of the week, while indices reflect a push by investors to cut directional exposure to macro credit -
Lev loan index rule change proposed to meet Sofr switch
2 years ago
Leveraged loan index stakeholders are being asked for feedback on a proposal that would allow the inclusion of loans linked to Sofr and scrap a minimum spread rule -
It's all relative: CLOs march tighter as macro traders open positive CDS skews
3 years ago
Credit default swaps are back near where they started the year after giving up their early-February gains amid a rise in government bonds. CDS curves steepened over the past month and macro hedging has left indices trading with positive skews. But CLOs paint a calmer picture in which spreads have inched tighter -
It's all relative: senior CLO tranches tighten 18% in Europe as CDS indices sit out rally
The corporate credit rally in January is notable because some assets tightened to levels not seen in over a decade (loans), others rallied albeit with a lag (CLOs) and the most liquid stream of credit (CDS indices) defied moves in other asset classes to widen
-
High yield index widening drives equity tranche trades
4 years ago
The blow-out in corporate credit spreads is creating opportunities in the index tranche market. -
Euro loan trading: CLO managers find a home for building specialist's downsized loan
4 years ago
CRH Europe issued a €700 million term loan B in November, which was downsized from €900 million. But still, it has proved popular with CLO managers with CLO-i indicating that CLOs bought €275.2 million of the loan -
Rallye CDS auction price drops to 12.5 cents on unmatched sell requests
4 years ago
Rallye's credit event auction to settle CDS contracts produced a final price of 12.5 cents today, lower than the initial price set in the first round this morning of 14.975 -
Rallye CDS set for high pay-out with credit event auction underway
4 years ago
Rallye CDS looks set for a high pay-out to protection buyers after a credit event auction today to settle the contracts produced an inside market midpoint of 14.875 cents, slightly below where the retailer’s bonds have been quoted -
Rallye CDS auction to have 10 dealers and six deliverables
4 years ago
10 dealers will take part in an auction next week to settle CDS contracts referencing Rallye, after the Determinations Committee voted to add Morgan Stanley as a participating bidder -
Rallye CDS auction date set with three initial deliverables
4 years ago
A credit event auction to settle CDS referencing Rallye, the parent of French supermarket chain Casino, will take place on 27 June, with the Determinations Committee having agreed an initial list of three deliverable obligations -
Credit market snapshot: European credit continues to leak wider
9 years ago
As US markets take a break, European credit continues its push wider as Bunds sell-off -
Distressed debt fund hires ex-Morgan Stanley structured credit trader
10 years ago
Relative value analyst and ex-structured credit trader joins New York-based distressed debt fund -
Credit market snapshot: Late gains bring spreads in for the week
10 years ago
A rally at the end of last week saw credit spreads finish tighter after leaking wider most of the week -
Credit market snapshot: Europe loses gains but US still underperforms
10 years ago
European spreads lose most of previous day’s gains, but US spreads continue to march wider -
Credit market snapshot: European senior debt outperforms market
10 years ago
Europe outperforms the US with strong gains made in senior financials and investment grade indices -
Credit market snapshot: US high yield outperforms on flat day
10 years ago
Markets change little, but US high yield manages to outperform and Europe moves out -
Credit market snapshot: euro tightens as US high yield inches out
10 years ago
US high yield inches out as investment grade stays put and Europe tightens -
Banking giant’s spreads blow out in panicky morning trading
12 years ago
Spreads in a US banking giant have gapped wider in early trading in New York, amid growing fears that it will need to raise additional capital -
Long-short redemptions hit credit manager
14 years ago
London-based credit specialist BlueBay Asset Management said today that its long-short assets under management fell by 52% in the year ending June 2009 to $2.8 billion as a result of $1.5 billion of net redemptions and a $1.5 billion fall in value -
German bank takes €959 million of new write-downs
15 years ago
Dresdner Bank took a new write-down of €845 million on its ABS trading book, according to parent Allianz which announced its first quarter results today
22 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?