Search results
24 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
- Direct lending (4)
- High yield bonds (2)
- Investment grade credit (2)
- CLO (18)
- Distressed debt (1)
- Leveraged loans (5)
Geography Tags
-
2022 vintage deals score again as COLF is called with 49% gross IRR
5 days ago
2022 vintage deals score again as COLF is called with 49% gross IRR -
Past returns: KKR’s unusual CLO liquidation
2 years ago
Five years ago in Creditflux, we reported that junior debt investors in a KKR-managed European CLO voted to alter the deal’s documentation so they could drive a liquidation of the legacy deal, such that they would receive roughly 92% of par -
Liquidations emerge as speed bump to $1 trillion CLO market
2 years ago
CLOs are now a $1 trillion global industry, but liquidations are picking up and could hamper growth — as well as providing welcome relief to an engine that’s running somewhat hot. CLOs are now a $1 trillion global industry, but liquidations are picking up and could hamper growth — as well as providing welcome relief to an engine that’s running somewhat hot. -
Sterling-heavy loan b-wic points to PGIM CLO
3 years ago
A £233 million-equivalent portfolio of bids wanted in competition (B-wic) on loans, comprising £177 million worth of sterling paper and €65 million of euro paper, is almost identical to collateral of PGIM’s Dryden 63 GBP CLO 2018 -
World's largest CLO set for downsize to $10.5 billion
3 years ago
The largest CLO in the world is being tweaked with a partial redemption and an extension of its reinvestment period -
Black Diamond CLO fails with buy back offer
3 years ago
Black Diamond CLO 2015-1’s offer to buy back senior notes has not gone through after the CLO’s class A1 and A2 investors did not submit any bonds -
Scor introduces swing pricing on European loan fund
4 years ago
Scor Investment Partners has introduced partial ‘swing pricing’ on all classes of its Scor European Loans Fund, effective Friday “to preserve its clients' long-term interest in challenging market conditions” -
Axa terminates $14 billion fixed income mandate with AB as it takes assets in-house
4 years ago
Axa has terminated a $14 billion taxable-fixed income investment mandate with AB -
Hadrian Wall tumbles as board calls for wind down of direct lending fund
4 years ago
Hadrian’s Wall Secured Investments' board of directors has decided that a wind down of the fund with cash returned to shareholders would be in the best interest of shareholders, according to a company update -
Highbridge refocuses on credit as it liquidates listed multi-strategy fund
4 years ago
Highbridge Capital Management has announced to investors in a multi-strategy fund that it is winding down the vehicle and refocusing its business exclusively towards credit -
JP Morgan AM liquidates fund that made CLO warehouse investments
5 years ago
JP Morgan's Asset Management arm is liquidating the $1 billion Palm Lane Credit Opportunities Fund -
GSO CLO fund looks to wind up with offer to roll into manager's originator strategy
5 years ago
The board responsible for Carador Income Fund, managed by GSO Capital Partners, has given shareholders an opportunity to wind the fund up, alongside a rollover opportunity for shareholders into GSO's CLO originator fund, Blackstone/GSO Loan Financing -
Ares emerges as favourite to take over troubled direct lending fund
5 years ago
Following Oaktree’s wind-down request, the board of the Ranger Direct Lending Fund has chosen Ares as replacement manager - moves which could see the fund change its focus from peer-to-peer loan investments to asset-backed loans -
High Ucits fees? Change strategy or face liquidation, report suggests
6 years ago
Substantially high fees on Ucits have led some funds to merge or liquidate, France’s stock market regulator says -
PDM liquidates CLO funds after 20% per year returns
6 years ago
Permira Debt Managers is liquidating two structured credit funds after generating strong returns -
Points up front: zombie managers near extinction
6 years ago
The long-term nature of CLOs means the market tends to have a large number of zombie managers, those with one or two deals outstanding but no plans for future issuance. However, a spate of redemptions, especially in Europe, has swept away some of the ghostly deadwood. -
CSAM scores rare double-digit final return for pre-crisis euro CLO
6 years ago
Credit Suisse Asset Management yesterday completed its first redemption of a European CLO, a rare deal that has made uninterrupted distributions to equity since before the crisis -
Loan b-wic suggests liquidation of 2007 European CLO
6 years ago
A loan portfolio circulating in the secondary market this week may represent the liquidation of a 2007 European CLO, based on analysis of its holdings -
Investors call time on Investcorp's 2006 European CLO
6 years ago
Investcorp Credit Management has redeemed the third European CLO the team launched when they were part of Mizuho in April 2006 -
Points up front: dying question
6 years ago
The delicate reason, why it may not be possible to call a CLO.. -
Investors agree wind-up call for KKR euro CLO 1.0
6 years ago
Investors have approved a plan that will allow KKR Credit to wind down a poorly performing 2006 European CLO -
KKR Credit seeks investor wind-up vote for another euro CLO 1.0
6 years ago
KKR Credit has proposed to wind down a 2006 European CLO, according to an investor notice -
Vintage euro CLO scrabbles for pennies to stave off default
6 years ago
A 2005 vintage European CLO has sold the last of its assets, according to an investor notice sent out last week, but may not have sufficient proceeds to pay back all its debt -
Equity investors miss deadline to call 2007 euro CLO
7 years ago
Ares Management fails to secure equity approval to call well performing 2007 CLO
24 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?