Refine Search
Article Categories
Strategy Tags
- Direct lending (7)
- High yield bonds (5)
- Structured credit (9)
- CLO (53)
- Distressed debt (2)
- Credit derivatives (4)
- Leveraged loans (11)
- Real assets (1)
Geography Tags
-
ArrowMark features unusual tranche split in first reinvesting CLO for 12 months
20 days ago
ArrowMark Partners has priced its first reinvesting CLO transaction post-covid. The manager teamed up with Citi to print the $412.2 million deal named Elevation CLO 2021-12 -
LP round up: Dutch pensions put €1.3 billion into infra debt
1 month ago
Institutional investors allocated over $2 billion to credit funds in January. Opportunistic credit funds were a favourite but the biggest moves came in infrastructure debt -
LP round-up: investors gift private debt and leveraged loan RFPs over holiday season
1 month ago
2020 ended on a strong note with four institutional investors increasing asset allocation to private debt or initiating private debt and leveraged loan searches. ArrowMark, Banner Ridge, BBAM, HIG Whitehorse, Monroe and Rialto were also awarded mandates -
OC health check: 41 CLOs heal their breaches
3 months ago
147 CLOs breached an over-collateralisation test in October, down from 183 in September. 41 CLOs that breached an OC test in September passed all OC tests in October, most of which had October payment dates -
Long awaited comeback as ArrowMark brings first CLO reset since Q1
4 months ago
ArrowMark Colorado Holdings has reopened the market for CLO resets after pricing the first in more than eight months -
Voya and ArrowMark refinance fixed triple A CLOs
4 months ago
Voya Investment Management and ArrowMark Colorado Holdings have each refinanced triple A-rated fixed CLO tranches. The two transactions both priced yesterday and total $29.5 million -
CLO reset market set to reopen after eight months as ArrowMark plans deal
5 months ago
ArrowMark Partners is marketing the US CLO market's first reset since February, as the industry takes another step on the path back to normality -
Three CLO managers join rush to refi or reprice fixed rate CLO tranches
5 months ago
Three CLO managers - American Money Management Corporation, Teachers Advisors, and ArrowMark Colorado Holdings - have jumped on the fixed rate CLO refinancing or repricing trend -
Hildene to take over management of ground-breaking trups-style CLO
7 months ago
Hildene Capital Management is in line to take over the collateral management contract for the first trups-style securitisation since the financial crisis -
Global CLO b-wic round-up: CLO lower mezz spreads tighten back after volatile two weeks
7 months ago
Secondary CLO spreads in the US and European markets have recovered after moving wider over the last two weeks -
Double B CLOs on downgrade watch up for grabs as market eyes tightening
7 months ago
CLO double B spread averages tightened 24.44 basis points on Wednesday, ending a 22-day widening streak. On Thursday, a b-wic of seven CLO double Bs goes live at 11am New York time and should clarify if spreads will tighten further -
OC health check: CLOs heal up with no new breaches among US BSL deals
7 months ago
53 CLOs reported an over-collateralisation (OC) test breach last week, but only two CLOs breached an OC test for the first time, neither of which were US broadly syndicated loan CLOs -
OC health check: some CLOs cure failures, but quarter of US deals still in breach
9 months ago
117 deals failed over-collateralisation tests in the last week, although only 46 of these were deals reporting breaches for the first time, according to the latest reports available on CLO-i -
Fund managers gear up for talf 2.0 investment potential
9 months ago
Institutional investors have been pouring money into the talf-focused (term ABS loan facility) funds, with ArrowMark, Loomis Sayles and Nuveen among the managers to benefit -
MJX portfolio manager joins US CLO issuer
9 months ago
A member of MJX's investment committee has landed at another CLO manager -
Points up front: Liquidating CLO can’t escape Standard & Poor’s
9 months ago
With over 1,000 CLO tranches on watch across the big three rating agencies, it’s good to see rigorous standards are being maintained and little things like CLO liquidation are not excusing deals from detailed scrutiny -
OC health check: first senior breach in middle market pushes CLO tally to 13
9 months ago
41 CLOs have breached an overcollateralisation test in the last week, according to the latest trustee reports on CLO-i, taking the overall total to 182 -
ArrowMark prices static US CLO as spreads drift wider
10 months ago
ArrowMark Partners has priced a static US CLO with triple As at 250 basis points, matching the print from GSO's Stratus Funding 2020-1 (another static deal) at the start of April -
ArrowMark markets static US CLO
10 months ago
ArrowMark Partners is working with Goldman Sachs on a static US CLO, according to market sources -
US pension gains 6.5% in three days after putting $350 million into credit
10 months ago
Marathon, Waterfall, ArrowMark and Columbia were allocated $350 million from a US pension for structured credit, Talf and high yield mandates -
New CLO affected as Fitch puts eight US single A tranches on negative watch
10 months ago
Fitch Ratings today added another 19 CLO tranches to its negative watch list, including eight that an original rating of single A, according to a statement from the rating agency -
ArrowMark liquidates 2014 CLO after selling assets in February
10 months ago
ArrowMark Colorado Holdings has liquidated its CLO named Elevation CLO 2014-3 -
ArrowMark notches broadly syndicated loan CLO for first time since 2018
1 year ago
ArrowMark Colorado Holdings has brought its first market-standard new CLO since October 2018 -
ArrowMark completes purchase of StoneCastle's asset manager
1 year ago
ArrowMark Partners has completed the acquisition of financial debt specialist StoneCastle Asset Management -
CLO pipeline: make some noise for repricings
1 year ago
CLOs may be a bit late to the spread-tightening party, but a hoard of CLO repricings is aiming to make up for it by sheer volume
Want all the latest news, comment, analysis and data?