Refine Search
Article Categories
Strategy Tags
- Direct lending (4)
- Emerging markets (2)
- High yield bonds (5)
- Investment grade credit (2)
- Structured credit (5)
- CLO (120)
- Distressed debt (7)
- Leveraged loans (17)
- Real assets (2)
Geography Tags
-
Voya reworks 2012 CLO for fourth time
2 years ago
Voya CLO 2012-4 reworkings mount to four, after refinancing, reset, partial refi and another partial refi -
Three CLO resets from Natixis grow market $450 million via upsizings alone
2 years ago
Natixis has priced CLO resets for Benefit Street Partners, Onex Credit Partners and Voya Investment Management that include big upsizings, with the combined total amounting to $455.1 million of additional CLO paper -
Junior European CLO spreads edge tighter as Voya gets off the mark in 2021
2 years ago
Junior CLO spreads have come in tighter after Voya Investment Management priced its first European deal of the year -
Middle east firm hires high profile loan official to build on control CLO equity business
2 years ago
Middle east asset manager Lakemore Partner is doubling down on CLOs with the control CLO equity investor hiring one of the biggest names in the loan and CLO management business -
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 -
Three top 20 US managers print CLOs
2 years ago
The pace of CLO issuance in the US continues unabated as three top 20 managers take to the primary market for two resets and a new issue -
Credit funds at a glance (July 2021)
2 years ago
A round up of fundraising and people moves in credit -
CLOs at a glance (July 2021)
2 years ago
A listing of CLOs that have priced in the last month -
Credit fundraising: managers take care of infrastructure with new partnerships
2 years ago
Credit managers were busy launching new partnerships to support growth in infrastructure and CLOs. There were 13 announcements in the month paving the way for upcoming funds, platforms, and joint ventures -
CLO pipeline: Man GLG resurfaces from six-year absence as deals exiting call-lock fill pipeline
2 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 -
Voya prints first European CLO transaction of the year with 2019 reset
2 years ago
Voya has carried out its first European CLO transaction of the year, resetting a 2019 vintage deal named Voya European CLO II -
US CLO triple As and mezz move out of sync as Fidelity and Voya refi
2 years ago
Triple A and mezzanine CLO tranches told different stories yesterday as two US CLOs, with very different profiles, refinanced -
Global CLO pricing lab: let’s all point at that 108bp print while spreads leak out
2 years ago
The tsunami of CLO paper coming to market is the biggest technical factor causing spreads to widen, according to sources -
CLOs at a glance (June 2021)
2 years ago
A listing of CLOs that have priced in the last month -
Voya picks its spots with rework of triple As and triple Bs in unusual US CLO refi
2 years ago
Voya Investment Management has executed an unusual CLO refi transaction that cuts the spreads on just the triple A and triple B notes of a 2018 deal named Voya CLO 2018-4 -
Global CLO pricing lab: investors get over fatigue and embrace reset roll over
2 years ago
The demand for CLOs is showing no signs of slowing down after the market had experienced some fatigue at the end of the first quarter and into the second. In the last two weeks, there have been 47 CLO transactions across all forms of pricing in the three markets; led by 18 US CLO new issues -
Woah, we’re halfway there
2 years ago
Judging by the 2020 vintage, European CLO overlap is 50%. But varied approaches to holding bonds and the many loans managers turn down mean there are ways for issuers to outperform -
Market absorbs three CLO refinancings worth $1 billion
2 years ago
Apex Credit Partners, Barings and Voya Investment Management have each refinanced a CLO, with the three deals totalling $1.02 billion -
US pension terminates three credit mandates due to 'underperformance' and relative value
2 years ago
The New Mexico pension terminated one multi-asset credit mandate and two bank loan mandates -
Weekly refi volume passes $5 billion as five CLOs price
3 years ago
Another $2.06 billion of CLO refinancings priced in the US on Friday, bringing the weekly total to over $5 billion -
Saba named as replacement manager on lev loan fund
3 years ago
Saba Capital Management expects to transition a 'meaningful portion' of the leveraged loan fund into assets like bonds, special purpose acquisition companies and closed-end funds -
Voya puts forward two key people for US CLOs after Norman's retirement
3 years ago
Voya has named two replacement key persons on at least six of its US CLOs, following the retirement of co-group head of senior loans Dan Norman on 31 December -
At least 2020 wasn’t dreadful for CLOs
3 years ago
Last year’s downturn was another in which CLOs survived and in many cases thrived as active management and Libor floors helped managers deliver 13%-plus returns to equity -
Global CLO b-wic round-up: US lower mezz trades strong, but European piece softens
3 years ago
CLO investors have had no chance to catch their breath after a historic 2020 as US CLO secondary volume reached $3.3 billion and European secondary listings topped €1 billion in January -
January US CLO refi volume overtakes 2020 post-covid volume
3 years ago
Two CLO managers - Voya Financial and Sound Point Capital Management - priced CLO refinancings on Friday worth a total of $621.9 million, bringing total refi volume for January up to $5.56 billion
Want all the latest news, comment, analysis and data?