Refine Search
Article Categories
Strategy Tags
- Direct lending (13)
- Emerging markets (2)
- High yield bonds (10)
- Investment grade credit (5)
- Structured credit (4)
- CLO (101)
- Distressed debt (3)
- Leveraged loans (15)
- Marketplace lending (1)
- Private credit (1)
- Synthetic/SRT (1)
- ABL Financing (2)
Geography Tags
-
Migration into floating rate kicks off with record loan inflows
2 years ago
The leveraged loan market received record-breaking inflows from retail funds in January as investors pivoted into floating rate products in advance of interest rate rises -
MUFG hires IG credit sales head from Credit Suisse
2 years ago
Mitsubishi UFJ Financial Group has hired a managing director to head investment grade credit sales -
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 -
Refi deluge casts shadow on b-wics
Refis and resets are cutting CLO lifespans short, which means there is less need to sell in the secondary market. Still, there are relative value opportunities in IG bonds and equity tranches2 years ago -
Golub passes $2 billion 2021 CLO volume as it refis 2019 deal
2 years ago
Golub Capital has opted to partially refinance its 2019 vintage US CLO Golub Capital Partners 40(B) -
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. -
Guggenheim splits double Bs and merges triple As in US CLO refi
2 years ago
Guggenheim Investments refinanced Guggenheim 2019-1 on Tuesday night via MUFG and opted to split its double B-rated D tranche in doing so -
US CLO pipeline: 1.0 manager returning, Carlyle going for CLO 10 as market goes to 100
2 years ago
Never in 1,000 years would the critics have expected this -
US CLO pipeline: 33 new issues enter market with historic CLO records on the verge of shattering
2 years ago
The US CLO market is running as hot as it has all year with a whopping 33 managers marketing new issues CLOs, according to market sources -
Investcorp resets CLO that left reinvestment in October
3 years ago
Investcorp Credit Management reset its post-reinvestment CLO named Jamestown CLO IX via MUFG on Thursday -
TCW resets twice-AMR refinanced 2019 CLO
3 years ago
TCW Asset Management has reset a 2019 CLO that it had previously refinanced twice via applicable margin reset auctions -
Benefit Street reissues 2015 CLO with triple As printing at 119bp
3 years ago
Benefit Street Partners teamed up with MUFG on Monday to reissue its 2015 CLO named Benefit Street Partners CLO VI, tweaking the deal's name to VI-B in the process -
CLO debt investors add risk by dipping into equity tranches
3 years ago
Investors that have traditionally bought CLO debt are piling into equity tranches, sources say. This comes as the arbitrage between CLO assets and liabilities has reached its most attractive level in years -
CLO pipeline: Man GLG resurfaces from six-year absence as deals exiting call-lock fill pipeline
3 years ago
CLO spreads have leaked out in recent weeks but deal economics are still favourable, encouraging managers to come back to the primary market for the first time this year -
Nuveen lowers 2019 CLO's funding costs by 31 basis points
3 years ago
Nuveen refinanced its 2019 CLO named Symphony XXI on Wednesday, lowering the deal's funding costs by 31 basis points in the process -
CBAM prices 2021's third-largest CLO transaction via MUFG
3 years ago
CBAM teamed up with MUFG on Wednesday to price a $1.21 billion reset of CBAM CLO 2017-3 -
$1.25 billion of CLO refis span range of tenors
3 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
3 years ago
The CLO primary market has absorbed another $1.43 billion of refinancing paper as five managers printed cost-cutting transactions -
Credit funds at a glance (April 2021)
3 years ago
A round-up of fundraising and people moves -
CLO refi paper worth $1.61 billion hits market
3 years ago
Five managers have printed transactions worth a combined $1.61 billion over the last few days, in a CLO refinancing bonanza -
MUFG makes three big hires to bolster US private equity sponsor and direct lending coverage
3 years ago
Mitsubishi UFJ Financial Group has hired from Antares, RBC and Regions Bank -
MUFG hires leveraged syndicate and high yield trading heads in New York
3 years ago
MUFG has bolstered its leverage finance team with two senior hires from RBC Capital Markets and Goldman Sachs -
MUFG cuts CLO funding costs with first primary deal of 2021
3 years ago
MUFG priced its first CLO primary market transaction of 2021 on Monday, arranging a $492 million refinancing of three tranches of Symphony CLO XV -
Owl Rock prices tech-focused CLO
3 years ago
Owl Rock Capital Partners has priced a rare middle market CLO backed by loans to companies in the technology sector -
Symphony splits CLO tranche to fixed and floating following refi
3 years ago
Symphony Asset Management has split the fixed-rate double A tranche of its 2015 vintage CLO named Symphony XVI as part of a refinancing
Want all the latest news, comment, analysis and data?