Latest news:

Oak Hill resets 2016 vintage CLO for a second time
Nuveen prices new US BSL CLO
2022 vintage European CLO is reset
Danish pension fund promotes new CLO PM
CVC brings US triple As down to 144bps
NB joins the 145bps club with latest new US BSL CLO
Private credit veteran returns to Barings
Nassau prices first new issue US CLO since 2022
Trinitas keeps busy as eighth deal this year prices
Technical strength drives primary US CLOs spreads below historical norms
Audax sees senior spreads come in 30bps in 3 months as new MM CLO prices
Fortress prints its third US CLO of the year
2015 vintage CLO gets reworked for the third time
CIFC and TRS Texas pivot to Europe for fourth CLO in partnership
Generate keeps up the pace with new US CLO
The US CLO market is a story of investors re-engaging, conference hears
Irradiant and Nomura team up for tight US BSL CLO print
Bain prices eighth deal this year with triple As at 148bps
Invesco prices first European new issue of the year
Oaktree keeps it short-dated for European 2022 vintage reset

Toys second quarter results bring joy to credit investors

Monday, September 01, 2014

Spreads on Toys R Us tightened by over a point on Friday after the New Jersey-based retailer announced better than expected second quarter results

Comment by: Anonymous. Posted 9 years ago [2014-09-01 21:16:36]

Giving "inventory clear-outs hit margins" as the explanation for lower profits ALSO provides a reason for the small increase in revenues. Doesn't feel like a credit positive situation to me ....

Funds

Private credit veteran returns to Barings 14 hours ago
Canadian hedge fund Polar closes SRT fund with USD 300m 1 day ago
Fidelity U-turns on European direct lending strategy as it ditches origination in favour of third-party partnerships 4 days ago
CLOs and Private Credit can learn to coexist, conference hears 4 days ago
BlackRock expands investment grade private credit team 4 days ago

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