Managers slide down term curve
PGIM and Voya were among managers issuing short dated deals in the first quarter. These CLOs, along with a surge in b-wics, kept up the supply of short dated paper as refinancings fell away
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.
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.
- Acis CLO fights back against risk retention financier 15 hours ago
- Banks and high yield corps lead charge as results prompt European rally 20 hours ago
- Fieldwood slips into second bankruptcy as CLOs hold $314 million 20 hours ago
- Refinancing of fixed CLOs gathers pace as Jefferies follows Natixis with triple MJX refi 1 day ago
- US CLO single Bs reach post-crisis tights despite rating pressure 1 day ago
- 2020 is a massive opportunity for change - and clinging to past achievements won't wash 1 month ago
- If you’re not finding black talent, you’re not trying hard enough 1 month ago
- It takes just a few CLO collateral managers selling into the distressed community to start cracks forming 1 month ago
- Trading places: it can pay to bet on the little guy 1 month ago
- Preparing for a second wave 1 month ago