Refine Search
Article Categories
Strategy Tags
- Direct lending (16)
- Emerging markets (6)
- High yield bonds (13)
- Investment grade credit (12)
- Structured credit (remove)
- CLO (16)
- Distressed debt (4)
- Leveraged loans (16)
- Synthetic/SRT (33)
- ABL Financing (7)
Geography Tags
-
Signs of new dawn as tranche volumes smash past $250bn
3 years ago
Last year, people formed fresh habits as they adapted to the coronavirus pandemic. Similarly, in credit, a breakthrough year for the CDS tranche market is leading participants to believe that elevated tranche volumes are here to stay -
Dealers power up as tranche trading hits new heights
3 years ago
A big year for index tranche trading has taken volume within grasping distance of full-year 2019, a post-financial crisis record, with a deepening pool of dealers adding support -
CSOs start printing again with new money ready to invest
3 years ago
The synthetic bespoke market is putting behind it the turmoil of recent months, with a pipeline of new CSO transactions starting to price and a swelling supply of new money lining up to invest. -
Fed settles one third of small business loans in latest talf funding round
3 years ago
Of the $453.2 million small business loans requested in the 21 July subscription, only $152 million settled -
Fed extends emergency relief programmes to 31 December
3 years ago
The Federal Reserve has announced that its lending facilities announced in response to the coronavirus pandemic have been extended until 31 December -
Credit Rendezvous: record fiscal stimulus provides pick-me-up
3 years ago
Credit markets had a mini bounce-back in the second quarter as central banks poured cash into the economy. But there is great uncertainty about the effects of a second wave of coronavirus. As part of our quarterly report on credit - the Credit Rendezvous - Creditflux spoke to experts across 12 segments of the credit market -
Short-dated CSOs touted as jump-to-default risk hits curves
4 years ago
The coronavirus outbreak has all but vanquished hopes of any regular CSO business getting done, but sources say bespoke portfolios of short-dated CDS could soon be in the offing as investors look to express a view on when the crisis will end. -
EIB buys mezzanine tranche in Commerzbank SRT
4 years ago
Commerzbank has launched a €1.5 billion significant risk transfer with the European Investment Bank (EIB) announcing that it has invested in the mezzanine tranche of the securitisation -
CSO arrangers take notes from success of CLOs
4 years ago
CSO arrangers are looking to follow the CLO template in more ways than one, with sources indicating that some dealers are looking to structure their deals in note format (as opposed to swaps). -
CSO arrangers look to build on $65bn of issuance in 2019
4 years ago
The synthetic bespoke tranche market this year has fallen short of expectations in terms of overall issuance volume, but ends with transformative inroads being made. -
NNIP's private debt head moves to private equity job
4 years ago
The team leader for direct lending, loan portfolio financing and non-performing loan securitisations at NN Investment Partners has moved to a senior private equity job at AnaCap Financial Partners -
ABS investors show increased interest in green securitisations to reach EU climate targets
4 years ago
Securitisation is being touted as a tool to help close the yearly investment gap of €180 billion needed to achieve the EU’s climate and energy targets by 2030, as identified in the European Commission’s sustainable finance action plan, which was published last year. -
ResponsAbility closes impact securitisation at $175 million
4 years ago
ResponsAbility, a Zurich-headquartered impact assessment manager, has closed a $175 million securitisation of loans to microfinance and SME-finance providers in emerging markets -
UK transitions to post-Libor era with array of Sonia-linked deals
4 years ago
The UK’s structured finance market has moved to swiftly embrace the daily compounded benchmark Sonia (Sterling overnight index average) ahead of the 2021 phase out of Libor. -
Natixis prices second muni-project securitisation of year
4 years ago
Energy Efficient Equity (E3) priced its inaugural 'property-assessed clean energy' (Pace) deal today via Natixis -
Arrival of five-year bespokes draws in CLO investors
4 years ago
Synthetic bespoke tranches are undergoing a major shift, with dealers projecting five-year business to supersede previously dominant shorter tenors by the end of 2019. -
Index tranche levels spike as investors advance into equity
4 years ago
Trading of credit index tranches is picking up, with some $61 billion worth changing hands in the space during the first quarter, according to data from the Depository Trust & Clearing Corporation -
Bespoke gains pull CLO buyers as market tipped to hit $100bn
5 years ago
Synthetic bespoke issuance could catch up with the more visible CLO market this year, say structured credit specialists -
Europe’s ABS market gets over STS road bump with VW deal
5 years ago
After months of waiting, Europe’s securitisation market saw the first ever deal to be structured as a Simple, Transparent & Standardised (STS) securitisation. -
Regulation stifles SRTs, but banks and investors revel in quarter-four outperformance
5 years ago
Over the course of 2018 there was roughly €6.5 billion of issuance in the market for significant risk transfer (SRT) deals, sources say, with the last three months understood to be the busiest quarter on record -
Trups CDO spreads shift wide of late 2018 levels as EJF produces $314 million deal
5 years ago
Trups CDO spreads have widened since the end of last year – much like corporate credit spreads – after EJF Investments priced its sixth securitisation of financial company debt. -
Spanish bank prices €972 million SRT with triple As paying 31bp
5 years ago
Cajamar Caja Rural, based in southern Spain, has priced a €972.1 million significant risk transfer (SRT), according to market sources -
Santander issues £1.1 billion SRT featuring UK project finance loans
5 years ago
Banco Santander has completed a £1.12 billion significant risk transfer through a transaction dubbed Fitzroy 2018-1 CLO -
African Development Bank prices landmark $1 billion SRT
5 years ago
The market for significant risk transfer (SRT) deals has taken another step forward with a first-of-its-kind deal, which has been originated by the African Development Bank -
JP Morgan keeps up synthetic CDO momentum
5 years ago
Sources say that JP Morgan priced a $500 million synthetic CDO last month, underlining its position as one of the key deal arrangers in this market
Want all the latest news, comment, analysis and data?