- Direct lending (4)
- Emerging markets (3)
- High yield bonds (25)
- Investment grade credit (2)
- Structured credit (9)
- CLO (145)
- Distressed debt (3)
- Credit derivatives (11)
- Leveraged loans (22)
ResponsAbility closes impact securitisation at $175 million2 days 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
Shenkman affiliate prices first new issue CLO after 12-month hiatus2 days ago
Romark Credit Advisors, the Shenkman Capital Management affiliate formed for risk retention compliance, has priced the third CLO under its own moniker named Romark CLO III
US CLO league tables: Octagon extends lead as many managers hit starting blocks in June10 days ago
CLO volumes recovered slightly in the second quarter, with $43.31 billion of primary activity – a 19.97% increase from the $36.1 billion produced in Q1
They said it: "I saw a CLO OM which ran 484 pages"15 days ago
At Creditflux’s Credit Dimensions event, JP Morgan’s Zaheen Mir argues that CSOs are simpler to understand than CLOs
Past returns: Blocking flexibility of CLO managers15 days ago
Ten years ago, we reported in Creditflux that JP Morgan had mounted a campaign to stop CLOs changing their trading guidelines. The bank’s treasury desk was and is among the biggest buyers of senior CLO tranches and it convinced other senior investors to block a change that would give CLO managers greater flexibility.
Fresh out the box: manager readies debut CLO via JP Morgan16 days ago
A US fund manager is launching its debut CLO - and there's not much in the way of triple A debt
CarVal and JP Morgan team up for third new CLO in just over a year22 days ago
CarVal CLO management priced its third new issue US CLO in 13 months yesterday, according to market sources.
CLO pipeline: Barclays and Goldman branch out to mid market24 days ago
The US CLO pipeline has been full in recent weeks and this continues, with 18 new issue CLOs and a further nine refinancings appearing this week.
Rockford Tower and JP Morgan team to price new CLO29 days ago
Rockford Tower Capital Management priced its second new issue US CLO this year, Rockford Tower CLO 2019-2, according to market sources
CLO issuance faces threat amid loan definition dispute1 month ago
The clash over Millennium Laboratories’ bankruptcy could have ramifications for the CLO market, and it all hinges on the philosophical question: what is a loan?
Arrival of five-year bespokes draws in CLO investors1 month 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.
US CLO league tables: Octagon and Citi lead the way2 months ago
April was the busiest month yet in the US CLO market this year with $16.42 billion in transactions, beating February by around $500 million.
Birch Grove becomes 2019's third debut manager2 months ago
Birch Grove Capital yesterday became 2019’s third debut CLO manager, according to market sources
CLO pipeline: refinancings to make a comeback2 months ago
CLO refinancings look set to continue their recent surge in the US CLO market, with another five refinancings and two resets appearing in the pipeline.
Octagon's 2019 CLO volume reaches $3.65 billion after sixth transaction2 months ago
Octagon Credit Investors last week became the first CLO manager to price its sixth transaction of 2019, with a $510.65 million reissue of its 2014 deal, Octagon Investment Partners 20
Price talk circulates for inaugural Birch Grove CLO2 months ago
Birch Grove Capital is marketing its first ever CLO, on which it is working with JP Morgan
Guardian Life subsidiary prices new issue CLO with triple As at 148bp2 months ago
Park Avenue Institutional Advisers, the asset management affiliate of insurer Guardian Life, returned to the new issue CLO market yesterday with its latest offering, PAIA CLO 2019-1
Nassau incorporates blended triple A/double A tranche in new CLO3 months ago
JP Morgan has priced Nassau Corporate Credit’s latest CLO in a five-year reinvestment deal that features a $296.9 million tranche which sits between the triple A notes and double A notes
Onex prices European CLO triple As at 94bp in short-dated deal3 months ago
Onex Credit Partners priced a €431 million CLO yesterday with a two-year reinvestment period in a rare example of a short-dated new issue in Europe
Elmwood prints $1 billion US CLO with wider double As3 months ago
This is the manager’s second transaction of the year – and ever
Bespoke gains pull CLO buyers as market tipped to hit $100bn3 months ago
Synthetic bespoke issuance could catch up with the more visible CLO market this year, say structured credit specialists
Short CLOs come to Europe as Onex markets first new issue since 20173 months ago
Short CLO paper is coming to Europe, as Onex Credit Partners is marketing a new deal via JP Morgan with just two years of reinvestment capability
Elmwood upsizes second CLO to $1 billion ahead of pricing3 months ago
Elmwood Asset Management, the CLO manager seeded by Elliott Management, has upsized a forthcoming second CLO to over $1 billion
Tabula launches ETF to capture iTraxx Crossover and CDX HY volatility premia3 months ago
Tabula Investment Management, a European fixed income exchange traded fund (ETF) provider, has launched a product aimed at capturing the volatility premium embedded in index options on iTraxx Crossover and its US counterpart CDX HY
Ares makes it three new issue US CLOs with $589 million deal3 months ago
Ares Management has produced its fourth new issue CLO of 2019 and its third in the US
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