Refine Search
Article Categories
Strategy Tags
- CMBS (1)
- Direct lending (3)
- Emerging markets (2)
- High yield bonds (4)
- Investment grade credit (7)
- Structured credit (1)
- CLO (38)
- Distressed debt (2)
- Leveraged loans (2)
- Synthetic/SRT (6)
- ABL Financing (1)
Geography Tags
-
Static European CLOs gain traction with Onex marketing via Citi and NatWest
1 year ago
Onex Credit Partners is marketing Europe’s seventh static CLO of the year -
Napier Park prints static European CLO
1 year ago
Napier Park has opted to print a static CLO. The €282 million deal has a one-year non-call period. -
Bardin Hill holds first close for second opportunistic credit fund
1 year ago
Bardin Hill Investment Partners has held a first close for its second opporunistic credit fund, with around $300 million in capital commitments -
US CLO league tables: Citi closes in on BofA’s lead
1 year ago
Despite market slowdown, US CLOs continue to produce steady monthly volumes over the $10 billion mark. July brought an influx of $11.99 billion to the US market from 28 new issue deals -
Heavy mood greets Europe’s return as earnings and rates policy weigh
2 years ago
The European market on its return after the long weekend is greeted with another sizeable push wider in spreads, with focus on US Federal reserve policy, this week’s round of corporate earnings and the prospect of US 10-year inflation linked bond yields turning positive for the first time in two years -
US CLO league tables: BofA takes a big leap ahead
2 years ago
It has been a slow start to the year for the US CLO market, which has so far welcomed $33.42 billion worth of issuance – the second lowest in the last five years. But Bank of America is taking big strides -
Credit Suisse braves market turmoil to print CLOs for Nuveen and Onex
2 years ago
Credit Suisse has maintained its CLO issuance amid market turmoil by printing transactions for Onex Credit Management and Nuveen Asset Management -
Allstate and Apex refinance late 2020 CLOs
2 years ago
Allstate Investment Management Company and Apex Credit Partners has each refinanced a late 2020 CLO -
Ares expands into European real estate debt with Carlyle hire
2 years ago
Ares has expanded its presence in European real estate debt with the appointment of former Carlyle official as partner and head of the real estate debt team -
Ares launches new IG private credit strategy with senior hire
2 years ago
Ares Management has bolstered its credit capabilities by adding a new investment grade private credit strategy and hiring a managing director -
Reality check for credit as omicron research timeline extends
2 years ago
Another dose of harsh reality has sunk into financial markets on Tuesday, as investors continue to reappraise the impact of tightening travel restrictions and the timeline for pharmaceutical work to address the omicron covid-19 variant -
Bain and Blue Owl upsize middle market CLOs with resets
2 years ago
Bain Capital Credit and Blue Owl Capital each reset a middle market CLO on Monday, with both managers opting to upsize their vehicles without changing the equity tranche sizes -
Global CLO trading lab: bank sells $834 million triple As in quarterly reallocation as hedge fund trades CLO equity
2 years ago
Thursday’s secondary CLO market was the busiest of 2021, with over $1 billion of US CLOs on offer. This featured an enormous b-wic worth $834.3 million, where sources have told Creditflux of the bank behind the aucton. While a large credit hedge fund is said to have sold out of control CLO equity -
$1 billion CLOs refinanced as Carlyle, Carlson and Z Capital print deals
2 years ago
Over $1 billion CLO refinancings priced on Friday after three managers took to the primary market to refinance deals -
US spreads narrow gap with Europe as credit hits new record tights
2 years ago
Corporate credit spreads are exploring new tights for the year, with Europe taking its turn to grind inwards once again today after strong sessions in Asia earlier and the US on Tuesday -
Credit indices hit impasse after US high yield returns to pre-covid tights
2 years ago
Credit improvement looks to be taking a breather on Thursday after the compression play in CDS indices took US high yield index CDX HY to its tightest prints since February 2020, before the outbreak of covid-19 began to blow out spreads -
AMR advocate Sancus to go from CLO investor to manager
2 years ago
Sancus Capital Management is set to join the ranks of CLO managers -
Ares affiliate re-emerges in mid market with first primary CLO for three years
3 years ago
Ivy Hill Asset Management, the direct lending affiliate of Ares Management, has priced its first CLO primary market transaction in almost three years, completing a $499.3 million new issue backed by loans to middle market companies -
Blackstone scores one of tightest ever 2.0 US CLO funding costs
3 years ago
Blackstone Credit has priced one of the tightest 2.0 CLOs ever with funding costs of just 141.61 basis points -
Neuberger Berman becomes first manager to reset a 2020 CLO
3 years ago
Neuberger Berman has become the first manager to reset a CLO issued in 2020, teaming up with Wells Fargo to breathe new life into Neuberger Berman CLO 36 -
Global CLO b-wic round-up: Secondary markets rally despite ‘worst liquidity seen all year’
3 years ago
An adjournment in the US for Veterans Day last week still left plenty of time for the CLO secondary market to rally, thanks to Pfizer's covid-19 vaccine breakthrough and a firmer indication of the US presidential election results -
Compression gains mount as Moderna vaccine result boosts confidence
3 years ago
Compression trades are paying off today, with a new covid-19 vaccine announcement prompting a broad tightening of credit spreads in which high yield corporate indices lead the charge and financial names are outperforming investment grade corporate borrowers -
Single name shorters get improved entry point after conviction test
3 years ago
Returning market optimism has taken credit spreads back to ultra-tight levels. But for bears, this posits a better entry level for short trades, and the recent blow-out may have given strong pointers where to target them -
Gulf Stream employs 'additional issuance' option to complete novel CLO upsize
3 years ago
Gulf Stream Asset Management has upsized the entire capital stack in Gulf Stream Meridian 2 five months after the deal was closed, in what is thought to be first 2.0 CLO to opt for an upsize after closing date -
Global CLO b-wic round-up: CLO lower mezz tightens while equity investors strive for duration
3 years ago
A large supply of CLO paper flooded the secondary market last week as $1.5 billion of US CLO bonds and €370 million of European CLOs were listed, according to CLO-i
Want all the latest news, comment, analysis and data?