Refine Search
Article Categories
Strategy Tags
- Direct lending (304)
- Emerging markets (12)
- High yield bonds (105)
- Investment grade credit (37)
- Structured credit (104)
- CLO (4799)
- Distressed debt (10)
- Leveraged loans (159)
- Marketplace lending (2)
- Synthetic/SRT (68)
- ABL Financing (26)
Geography Tags
-
Alcentra prices second consecutive short-tenor US CLO
4 years ago
Alcentra has stuck to its guns by pricing its second consecutive new US CLO with a short reinvestment period, shunning the market standard five-years to price a two-year deal -
SME CLOs arrive in Europe as Be-Spoke prices Spanish loan securitisation
4 years ago
Middle market CLOs have arrived in Europe after Be-Spoke Capital priced the continent’s first post-crisis SME loan securitisation -
DFG seeks secondary loans for new series of Pulsar CLOs
4 years ago
DFG Investment Advisers is launching a new line of CLOs with collateral sourced entirely in the secondary market -
Audax goes for longer reinvestment period with second mid market CLO
4 years ago
Audax Private Debt yesterday priced its second CLO backed by loans to middle market companies, according to market sources -
Barings matches November benchmark with new US CLO
4 years ago
Barings yesterday returned to the CLO primary market with the tightest triple A print on the month -
CLO pipeline: ESG, risk retention and secondary loans come to the fore
4 years ago
Managers new and old are trying different strategies and structures to price their latest deals -
Guggenheim prices its second mid market CLO
4 years ago
Guggenheim Partners yesterday partnered with Barclays to issue its second US CLO of 2019, and its first of the year backed by loans to middle market companies -
CSAM becomes 10th manager to reset European CLO in 2019
4 years ago
Credit Suisse Asset Management priced a €481.9 million reset of its 2016 European CLO named Madison Park Euro VIII, according to market sources, becoming just the 10th European CLO manager to reset a deal this year -
GSO adds turbo tranche feature to European CLO as part of reset
4 years ago
GSO Capital Partners has issued a novel single B-rated European CLO tranche that is designed to amortise quickly -
CSAM returns to top of US league tables after large CLO reset
4 years ago
Credit Suisse Asset Management retook its spot atop Creditflux’s 2019 league tables for US CLO issuance on Friday after pricing its 11th transaction of the year, and its fourth at a $700 million-plus deal size -
Churchill splits double Bs for first mid market CLO in two years
4 years ago
Churchill Asset Management has priced its first middle market CLO of the year in a transaction which underlines how lower-rated CLO debt tranches are increasingly being carved up into senior and junior pieces -
Owl Rock gives two hoots after issuing second low-levered CLO
4 years ago
Owl Rock is sticking to its low-levered CLO strategy after pricing Owl Rock CLO II, backed by middle market loans, on Friday -
Morgan Stanley IM pre-markets debut US CLO
4 years ago
Morgan Stanley Investment Management’s CLO ambitions have taken another step forward with market sources indicating that the firm has begun pre-marketing its debut US CLO -
Mid market CLO league tables: springing back into life after September drought
4 years ago
After a September hiatus, three managers returned to mid market CLOs in October to bring issuance back on track as monthly volume exceeded $1 billion for the sixth time this year -
Euro CLO league tables: refi market opens up to give KKR best of both worlds
4 years ago
European CLO issuance in October crossed €5 billion for the second month this year as managers took advantage of falling spreads and increased demand. In one example, KKR obtained tight senior CLO financing to go with tight mezz spreads from 2017 in a demonstration of expert timing -
Global CLO league tables at a glance - October 2019 YTD
4 years ago
Global CLO league tables at a glance - October 2019 YTD -
US CLO league tables: Octagon retakes US lead, but CSAM still on top globally
4 years ago
Octagon Credit Investors priced Octagon 45 via Goldman Sachs to overtake CSAM by just $33.3 million in overall US issuance, but CSAM still leads the way in new US CLO and global CLO issuance -
GSO completes 12th CLO transaction of 2019 as junior spreads edge wider
4 years ago
It has been, by the firm's own standards, a slow year for the largest CLO manager globally, but nevertheless GSO Capital Partners has completed 12 transactions in 2019 -
A new generation of AI tools is helping CLO managers optimise their portfolio selection and trading strategies. Sky Road has made great strides in this area by creating a tool which helps identify trades4 years ago
-
Wings of the structure fly in opposite directions as Alcentra prices European CLO
4 years ago
Alcentra has priced its latest new issue CLO in Europe, and its second issue of 2019 on the continent -
Established firms say managers new to European CLOs will struggle to attract assets
4 years ago
New managers making their way in the European CLO market may have a fight on their hands, with sources noting the difficulty these firms face in getting sizeable allocations. -
CLO issuers split triple Bs as mezz demand shrinks
4 years ago
A sharp fall in US loan prices has meant that the value in CLO structures is shifting out of mezzanine tranches and into equity. There is a similar dynamic at play in the credit index tranche market, where sources say value has shifted out of mezz and into equity amid an increase in idiosyncratic credit risk. -
Two roads diverged in the CLO wood
In Europe, the third quarter was all twists and turns: volumes hit €11.9 billion, the ECB cut rates and CLO triple A spreads tightened 14bp in three deals. In the US, the path was more straightforward4 years ago -
Direct lenders start to overcome bank dominance in Spain
4 years ago
Spain is becoming a popular destination for direct lenders — despite the competitive terms offered by local banks. Sources say that borrowers are starting to look beyond pricing to ease of execution and flexible documentation. -
The question is not whether CLOs are too dangerous, but what more they could and should be doing
4 years ago
Contrary to recent headlines, CLOs could be the tool which help reduce the rate of climate change
Want all the latest news, comment, analysis and data?