CSAM and Morgan Stanley pioneer new US CLO template2 years ago
Credit Suisse Asset Management priced a new US CLO late on Friday and in the process the firm introduced a new take on the standard CLO structure - the CLO features a five-year reinvestment period and a non-call period of just 18 months
Junior CLO spreads tighten as Halcyon prices new European CLO2 years ago
While spreads at the top of the capital structure have edged wide of 90bp in recent weeks, a new Halcyon European CLO indicates there is strong demand for lower-rated notes
West coast pension fund boosts its allocation to Halcyon’s credit business2 years ago
A major west coast pension allocator to credit has moved to increase its allocation to Halcyon Capital Management after separate account generated 35% return in 2016
Mizuho wins another client as it prices $451 million CLO refi2 years ago
Mizuho has secured another new manager client, pricing a refinancing on Friday afternoon
Halcyon opts for five years of reinvestment with first CLO in 19 months2 years ago
Halcyon Loan Advisors has priced its first US CLO since September 2015, according to market sources
Halcyon secures 103bp print with first euro CLO in two years2 years ago
Halcyon Loan Management has priced its first European CLO since 2014, according to market sources
Halcyon prepares return to European CLO market with €338 million deal2 years ago
Halcyon Loan Management is preparing to launch its first European CLO for two years, according to market sources
Top performing 1.0 CLO's halcyon days are over as redemption awaits2 years ago
A Halcyon-managed CLO that has produced big returns for equity is set to be redeemed after delivering IRRs of more than 20%
Halcyon redeems 2006 CLO for high-teens IRR2 years ago
A 2006 CLO managed by Halcyon Loan Management was redeemed late last month, according to CLO-i.
Halcyon explains CLO strategy after loan trades draw questions3 years ago
Halcyon Loan Management bought Seadrill loans at wildly different prices over a three-week trading period
Negative cash introduces market price risk to euro CLOs, finds Fitch3 years ago
Fitch Ratings has observed an increasing number of European CLOs running negative cash balances, according to a report published yesterday. Creditflux readers will already be familiar with the strategy, which we reported on earlier this month.
Forced-seller rumour leads to derisory price talk in CLO secondary3 years ago
Plummeting CLO net asset values and rumours of a forced seller caused secondary market price talk to hit new lows on Friday, as two single-B tranches circulated with price talk of 10 cents in the dollar
Halcyon launches credit opps fund as it expands in Europe3 years ago
New York-based Halcyon Asset Management is embarking on a major expansion into Europe, according to market sources.
Halcyon's 2015 CLO gets off to a strong start with 40%-plus distribution3 years ago
A 2015 CLO managed by Halcyon Loan Management has made a strong start after making a 40%-plus annualised payment last month.
Halcyon redeems legacy US CLO as IRR hits 17.4%4 years ago
Halcyon Loan Management has redeemed a 2007 CLO, according to CLO-i
Manager tiering becomes more evident as Halcyon prices new CLO4 years ago
Halcyon Loan Management priced its third CLO of the year yesterday, according to market sources.
Legacy IKB US CLO set for redemption this month4 years ago
A CLO that was taken over by Halcyon in 2010 is set to be redeemed later this month, according to CLO-i.
Halcyon Volckerises 2013 CLO and increases cov-lite bucket4 years ago
Halcyon Loan Management Volckerised a 2013 CLO last week, according to an investor notice
Control investor trades out of legacy Halcyon European CLO4 years ago
Market sources say that the control equity position in a legacy European CLO changed hands on Friday.
Halcyon picks new arranger partner as it prices second CLO of the year4 years ago
Halcyon Asset Management priced a $512.5 million CLO yesterday, according to market sources
Manager moves to Volckerise 2012 CLO and bump up cov-lite limit4 years ago
Halcyon Loan Management is looking to Volckerise its 2012 CLO, Halcyon Loan Advisors 2012-2, according to an investor notice.
Morgan Stanley prices two CLOs in two days as issuance hits $24 billion4 years ago
Sources say the bank, which was last year's second most prolific global CLO arranger, completed consecutive deals for Halcyon and Highbridge
Morgan Stanley wins mandate for manager's first CLO of the year4 years ago
Morgan Stanley has been selected to arrange a CLO for a regular issuer of US CLOs, according to market sources
Trustee announces meeting to decide fate of unusual 2008 CLO4 years ago
Investors in a European CLO, which closed in August 2008, will meet on 10 February to discuss a possible optional redemption
Credit manager Halcyon hires distressed credit specialist Damien Miller4 years ago
Halcyon Asset Management has moved to beef up its European credit efforts by hiring former Alcentra distressed debt specialist Damien Miller
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