Refine Search
Article Categories
Strategy Tags
- Direct lending (11)
- High yield bonds (9)
- Investment grade credit (7)
- CLO (74)
- Leveraged loans (6)
- Synthetic/SRT (6)
Geography Tags
-
Credit Suisse and UK names lead charge as European IG outperforms
1 year ago
European investment grade credit is rallying strongly at the start of this week, in contrast to a sluggish start by its US counterpart market, with Credit Suisse and UK companies among the outperformers -
Global CLO league tables - September YTD
1 year ago
Global CLO league tables - September YTD -
Global CLO league tables - July 2022 YTD
1 year ago
Global CLO league tables - July YTD -
Global CLO league tables - June 2022 YTD
1 year ago
Global CLO league tables - June YTD -
Four-year CLO triple As hit 200bp with Golub reinvestment deal
1 year ago
Golub Capital Partners priced a new CLO on Friday named Golub BSL CLO 62(B) with triple A notes paying a 200 basis point coupon -
Carlyle prints new US CLO with triple As at 195bp
1 year ago
Carlyle Group priced its latest new CLO on Friday, placing the deal's triple A notes at 195 basis points over Sofr -
Global CLO league tables - May 2022 YTD
1 year ago
Global CLO league tables - May YTD -
Global CLO league tables - April 2022 YTD
2 years ago
Global CLO league tables - April YTD -
Global CLO league tables - March 2022 YTD
2 years ago
Global CLO league tables - March YTD -
Re-issues show their worth after mid market deal morphs into BSL CLO
2 years ago
Re-issues are scarce in the CLO market, but a transaction late last year highlights how managers can use these effectively to make radical CLO transformations -
Correction: ArrowMark, Octagon and Trimaran print five-year CLOs
2 years ago
ArrowMark Partners, Octagon Credit Investors and Trimaran Advisors each priced a five-year CLO on Monday -
Mid market CLO league tables: No change up top but KKR and Silver Point enter race
2 years ago
The mid market CLO space welcomed two new faces to its ranks last month as Silver Point Capital and KKR priced a new issue CLO each -
Global CLO league tables - Aug 2021 YTD
2 years ago
Global CLO league tables - Aug 2021 YTD -
Mid market CLO league tables: stalwarts Golub and Natixis reign supreme again
2 years ago
It may have taken seven months, but the mid market CLO league tables have familiar faces at the top with Golub Capital and Natixis leading the way in manager and arranger issuance, respectively -
Global CLO league tables - Jul 2021 YTD
2 years ago
Global CLO league tables - Jul 2021 YTD -
US CLO pricing lab: expensive legacy deals take priority as two-three year point on term curve tightens
2 years ago
The US CLO market may have gapped out in recent weeks, but expensive 2019 and covid-era CLO refis and resets are still in the money -
Mid market CLO league tables: BlackRock takes new issuance lead with unusual deal via Morgan Stanley
2 years ago
BlackRock became the third mid market CLO manager to price two new issues this year and in doing so took the lead from Golub Capital in mid market CLO new issue league tables -
Global CLO league tables - May 2021 YTD
2 years ago
Global CLO league tables - May 2021 YTD -
Mid market CLO league tables: Antares and Wells Fargo press reset to lead market
3 years ago
Following March's $5.87 billion, the busiest month of mid market CLO issuance since at least 2016, April felt like a quiet month for mid market CLOs with $2.26 billion pricing across three new issues, two resets and one partial refinancing -
Global CLO league tables - April 2021 YTD
3 years ago
Global CLO league tables - April 2021 YTD -
Mid market CLO spreads reach tightest point since 2018 as Fortress prices new issue
3 years ago
Four-year triple A spreads on middle market CLOs reached new post-covid tights on Friday as Fortress Investment Group issued a deal with first-pays at just 155 basis points over Libor -
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: CLOs are lagging no more, as Carlyle deal drags market tighter
3 years ago
“CLOs are lagging” has been a much repeated refrain over the last nine months. But Carlyle Group has this week produced a US CLO that has dragged spreads to their tightest point in three years so that, rather than comparing CLOs to pre-covid levels, they should be assessed against early 2018 -
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
-
Beneath the triple C: 13 CLO loans take a dive but defaults subside to a ripple
3 years ago
22 corporate debt issuers were downgraded to triple C or below in November and December by Moody’s or S&P, out of which 13 can be found in CLO portfolios – hurting $4.55 billion of US CLO loans, €1.87 billion of European CLO portfolios and almost $80 million of middle market CLOs loans, according to CLO-i
Want all the latest news, comment, analysis and data?