16 results found Showing page 1 of 1
- Direct lending (6)
- Emerging markets (2)
- High yield bonds (4)
- Investment grade credit (4)
- Structured credit (5)
- CLO (11)
- Distressed debt (3)
- Credit derivatives (6)
- Leveraged loans (7)
- Marketplace lending (2)
- Real assets (3)
Apollo and Barings defer equity payments on long-dated CLOs1 month ago
Apollo Global Management and Barings have joined PGIM in deferring their scheduled April payment dates for a handful of European CLOs, according to the latest payment reports on CLO-i. Apollo also deferred payments on several of its US CLOs.
PGIM defers April European CLO equity payments2 months ago
PGIM has deferred scheduled April payments to equity investors of its European CLOs, the first European CLO manager to defer a payment date during the coronavirus pandemic
KKR takes covid-19 hit on flagship credit funds and lev fin2 months ago
KKR took a 16% hit to returns on its alternative credit flagship funds amid the first quarter coronavirus downturn and a 13% loss on leveraged credit, taking these into negative territory for the last 12 months. The firm's private equity portfolio also slumped by 12%
KKR deploys 10% of $2 billion coronavirus dislocation credit fund2 months ago
KKR Credit has plans to launch a $2 billion dislocated corporate and asset backed credit fund to take advantage of coronavirus-induced volatility. And the New York-based manager has wasted no time swooping on opportunities after deploying $212 million by 9 April
Mergers, declines in assets and changes in risk profile can signal that an investment manager is not as healthy as it was
The opportunities to build par and spread within a CLO haven’t been this plentiful since 20093 months ago
Last year’s CLOs could become the benchmark for manager performance
Short-dated CSOs touted as jump-to-default risk hits curves3 months 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.
Structured credit dragged very wide — but CLOs stand to gain3 months ago
Senior tranches of securitisations widened 220% in less than a month as the coronavirus pandemic has meant an increase in systemic risk — a sharp turnaround from the past few months when idiosyncratic risks were being cited as the main concern for structured credit investors.
CLO warehouses trigger draw stops as loan market tanks3 months ago
CLO warehouses are being put on ice due to ‘draw stop’ triggers, which have come into play as loan prices plunge.
CDS show the way as prices move and volumes surge3 months ago
CDS volumes provide an eye-opening view of how the asset class has grown in prominence during the coronavirus pandemic, with index trading near doubling year-to-date on 2019, even as secondary bond markets hit lockdown.
We’ve got time to work this out3 months ago
You might think direct lenders are very exposed to economic downturns. But at the Creditflux-Debtwire event last month, managers said they felt they had a few months to rectify problems
$7.8 billion of CLO collateral, split evenly between the US and Europe, is in the loans that have fallen fastest in the past month. But short term CLO pain will bring opportunities for building par3 months ago
CLOs at a glance: CLO primary market grinds to a halt3 months ago
A round-up of CLO performance
A round-up of ucits fund performance3 months ago
A round-up of fund performance3 months ago
CVC listed credit fund 'pre-emptively' sheds covid-19 related positions3 months ago
CVC Credit has taken a conservative approach to addressing covid-19 volatility in its listed opportunistic credit fund, with the fund divesting several credit positions to manage risk
16 results found Showing page 1 of 1
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