You are here: Home » Newsletter

Creditflux Newsletter

February 2012

Article

Waste manager secures $30 million DIP
Friday, March 12, 2010

US waste management company EnviroSolutions Holdings filed for bankruptcy on Wednesday, according to various media reports. The privately owned company, which has total liabilities of $289 million, has secured $30 million of debtor-in-possession financing.

The company’s term loans and revolver are not widely held but are present in a number of CLOs managed by Riversource Investments, according to Creditflux’s CLO Master. The assets are already rated triple C by both Moody’s and Standard & Poor’s.

Explore the trends at the Citi Structures Credit conference March 1, NYC

Recent bond & loan issuance

>>More information from the Issuer Tracker

CFlux secondary 
CLO index levels:

Index
6 Feb
CFlux USD AAA  ↑ 94.9
CFlux USD AA  ↓ 81.3
CFlux USD A  ↓ 75.0
CFlux USD BBB  ↑ 74.8
CFlux USD BB  ↑

72.1
CFlux USD EQ  ↑ 67.6

 

>> More information & historical data