- Direct lending (20)
- Emerging markets (3)
- High yield bonds (17)
- Investment grade credit (3)
- Structured credit (8)
- CLO (40)
- Distressed debt (16)
- Credit derivatives (4)
- Leveraged loans (16)
- Marketplace lending (1)
- Real assets (4)
S&P puts US CLOs on negative watch including seven failing triple C test7 days ago
Standard and Poor’s put focus on the recent volatility by placing tranches in 15 US CLOs on a negative watch for having large exposures to energy related sectors such as oil and gas, consumable fuels and commodities. In total, 25 tranches have been affected by this.
Secondary CLO triple As slump below October levels18 days ago
The secondary CLO market is showing no sign of stopping the rut with triple A rated paper in European and US markets displaying more weakness
Credit managers hunker down as idiosyncratic risks persist25 days ago
A slew of earnings reports from credit managers and business development companies shows that deal-making and performance are robust, but great importance is being placed on credit selection.
Minnesota pension slates $600 million to four credit funds1 month ago
Minnesota State Board of Investments has earmarked $600 million to four credit funds
Oaktree scores second new euro CLO of 20193 months ago
Oaktree Capital Management priced its second new European CLO of the year, known as Arbour CLO VII, via Bank of America
CLO pipeline: DFG keeps its finger on the pulse3 months ago
It will be a busy year-end for new issue CLOs in the US. DFG is returning with Pulsar II, using collateral sourced entirely from the secondary market
- European corporate loans can fit into various fund types and this year there has been an increase in managed accounts targeting these assets. But CLOs are still the best structures to house loans4 months ago
US CLO league tables: CSAM climbs to the top5 months ago
Only $10.9 billion was brought to the US CLO market last month, while in the middle market CLO space, no deals priced. But Credit Suisse Asset Management dared venture into the primary market and as a result it moves to the top of the league tables
Oaktree prices its largest active CLO via Wells Fargo6 months ago
Oaktree Capital Management yesterday priced its fourth CLO of 2019 and its third with a deal size over $700 million
CLO pipeline: managers look to avoid a repeat of 2018 with new issue flutter6 months ago
US and European CLO managers are preparing to up the ante in September, but they will have to defy a trend set a year ago
Credit funds at a glance6 months ago
A round-up of fundraising and people moves in credit
Oaktree BDC appoints CLO specialist as CEO and CIO7 months ago
Oaktree Speciality Lending Corporation has appointed its new chief executive officer and chief investment officer, following the resignation of the incumbent CEO and CIO Edgar Lee
Connecticut $36 billion pension hires first chief risk officer7 months ago
The Connecticut Retirement Plans and Trust Funds has hired its first-ever chief risk officer
THL anchor CLO equity seeks purchase in secondary market7 months ago
Up for auction later today is the 15th controlling stake in a US CLO this year, with nine of the previous 14 having failed to trade
Oaktree prices one of the largest new CLOs of the year8 months ago
Oaktree Capital Management yesterday priced one of the largest new CLOs of 2019, with the transaction coming in at $748.6 million
Global CLO b-wic round-up: secondary volumes make up for slump in primary8 months ago
June saw the highest volume of US CLO b-wics this year with over $3.8 billion of US CLOs on the auction block, according to CLO-i.
CLO pipeline: Barclays and Goldman branch out to mid market9 months 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.
Market bemoans Europe’s lack of CLO manager tiering10 months ago
Manager tiering became a hot topic in Europe again last month following Credit Suisse Asset Management’s decision to break with tradition by syndicating its triple A notes in Madison Park Euro Funding XIV, rather than place the notes with an anchor investor.
Oaktree refinances 2016 European CLO with triple As at 87bp10 months ago
Oaktree Capital Management yesterday refinanced its 2016 vintage CLO named Arbour CLO IV, producing the European market’s first sub-90 basis point print in over nine months
Oaktree plants US CLO with fixed rate junior triple-A notes11 months ago
Oaktree Capital Management priced its second new issue US CLO of 2019, less than a month after printing Oaktree CLO 2019-1
Back so soon: Oaktree markets follow-up US CLO11 months ago
US CLO managers are moving their issuance forward at a rapid rate, with sources indicating that Oaktree Capital Management is working with Morgan Stanley on a new issue less than a week after pricing its first US deal of the year
CLO pipeline: managers decide there's no point hanging about with quick-fire CLOs11 months ago
The CLO pipeline for the coming week shows signs of decent flow as managers ready themselves to offload deals.
Oaktree's head of European distressed debt to lead expansion in Asia1 year ago
Oaktree Capital's head of distressed debt for Europe and Asia will relocate to Hong Kong
Oaktree prices triple As at benchmark spread with new CLO via Wells Fargo1 year ago
OakTree Capital management priced their first US CLO of the year via Wells Fargo yesterday
Global CLO round-up: 15 months to one month - managers set their own pace1 year ago
Three new US CLOs priced this week courtesy of; Seix Advisors, via BNP Paribas; Kayne Anderson, via Goldman Sachs; and Steele Creek, via RBC. In Europe, Oaktree Capital Management paired with Barclays to price Arbour CLO VI.
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