CLO warehouse terms free up as stakeholders negotiate
CLO warehouse terms are becoming more flexible as dealers compete for business, and equity investors seek to extract maximum value from their deals. Sources say that warehouse maturities are more frequently rising to three years for certain deals in the US market, and that banks may be moving away from the mark-to-market warehouse model
Subscriber-only article
This article is available only to Creditflux subscribers and free trial users within 30 days of publication.
Already a subscriber? Not logged in? Click here to login.
If you have not already done so,
you may request a FREE TRIAL by clicking here
This trial will give you:
- 4-weeks' free online access to our
most recent subscriber-only articles - Daily breaking news alert sent by email
- A print copy of Creditflux
If you currently have a free trial, you will see this message when you try to view articles older than 30 days.
Related Stories
- Global Loan Highlights 1Q24: Don’t call it a comeback less than 1 hour ago
- Even 2021 CLOs are getting reset as GoldenTree prices deal 1 hour ago
- Europe sees another delayed-draw AAA as Onex prices 1 hour ago
- Houlihan Lokey adds new credit MD 17 hours ago
- Ares resets half-billion dollar 2021 vintage CLO 17 hours ago
Newsletter
- CLO managers laud market’s shift away from direct lending 14 days ago
- European CLOs are pricing this year but market is falling further behind US 14 days ago
- Advantages of non-sponsored direct lending recognised as pensions increase allocations 14 days ago
- Arrangers optimistic on prospects for CLO-like recurring revenue deals 14 days ago
- APAC investors target private credit opportunities in Australia after quitting China 14 days ago