Refine Search
Article Categories
Strategy Tags
- Direct lending (517)
- Emerging markets (292)
- High yield bonds (688)
- Investment grade credit (276)
- Structured credit (259)
- CLO (374)
- Credit derivatives (553)
- Leveraged loans (378)
- Marketplace lending (28)
- Real assets (190)
Geography Tags
-
Weatherford CDS auction delivers 55.5 cent pay-out to protection buyers
4 years ago
A credit event auction to settle Weatherford International CDS returned a final price of 44.5 cents on the dollar, lower than where bonds had been quoted and meaning a pay-out to protection buyers of 55.5 cents -
Final list of deliverables published for Weatherford CDS auction
4 years ago
There will be 17 notes deliverable into an auction on Thursday to settle Weatherford International CDS, the Americas Determinations Committee has confirmed -
Galapagos has triggered failure-to-pay credit event, says DC
4 years ago
Galapagos Holdings has triggered a failure-to-pay credit event on its 7% senior notes due 2022, the Credit Derivatives Determinations Committee has ruled unanimously -
Morgan Stanley joins participating bidders for Weatherford CDS auction
4 years ago
Morgan Stanley has been added to the list of participating bidders for an auction next week to settle CDS referencing Weatherford International CDS, with the Americas Determinations Committee also confirming 17 deliverable obligations on the supplemental list -
GLG confirms two portfolio manager hires for distressed unit in London
4 years ago
Man GLG has hired two portfolio managers to its credit team in London -
Investor requirements rather than performance is driving ESG push: Creditflux survey
4 years ago
Only 14% of respondents to Creditflux's global credit ESG survey said performance was the main reason they were adopting envoronmental, social and governance-themed strategies -
UK pension pool to launch maiden private credit offering
4 years ago
Border to Coast Pensions Partnership is launching its first private credit offering in early Q4, Creditflux has learned -
Galapagos failure-to-pay credit event posed to DC as bond grace period lapses
4 years ago
The Credit Derivatives Determinations Committee has accepted a request to rule on whether Galapagos Holding, a former iTraxx Crossover index constituent, has triggered a failure-to-pay credit event -
PennantPark raises $750 million for direct lending and opportunistic credit
4 years ago
PennantPark Investment Advisers has raised $750 million across four vehicles, according to an announcement -
Clover Tech cov-lite loan blots CLOs after spilling a third of its value
4 years ago
The past week’s biggest declining loan by some way, for printing cartridge maker Clover Technologies (aka 4L Technology), is a worry for CLO portfolios as some 21 managers hold the name, according to CLO-i -
Weatherford CDS auction next week could have 17 deliverables
4 years ago
There are 17 notes on the initial list of deliverable obligations for an auction next week to settle Weatherford International CDS, the Americas Determinations Committee has said -
BIS touts 'early warning measure' of national banking distress
4 years ago
The Bank for International Settlements (BIS) has proposed a CDS-based methodology it believes policymakers could use as an early warning measure of distress in national banking systems -
Atalaya hires experienced credit portfolio manager in New York
4 years ago
An experienced figure in distressed middle-market debt investing has landed at Atalaya and reunited with a former colleague -
Weatherford faces credit event auction with 50% area recoveries implied
4 years ago
The Americas Credit Determinations Committee has agreed to hold an auction to settle CDS referencing Weatherford International, having ruled last week the Houston headquartered oilfield services provider had triggered a bankruptcy credit event -
Net short CDS provisions reach Europe as Legoland owner aims to block activist investors
4 years ago
A buy-out financing package for Merlin Entertainment will provide what looks to be the first instance in the European market of provisions aimed at deterring lenders from being net short borrowers’ debt through CDS -
What price lender integrity if myriad interpretations mean nobody knows where they stand?
4 years ago
Net short language is seeping into loan documentation. The problem is that some funds may not know their net position -
US loan recovery hit by fears of trade war
It had all been going so well — but in May fears over US trade wars resurfaced and this led loan prices to drop 56 basis points. As a result, loans have yet to fully recover from the Q4 sell off4 years ago -
Bankruptcies rise sharply as May total doubles April’s
US bankruptcy courts experienced a hectic May with some 35 cases, including more Chapter 15 filings than in the rest of the year combined. Most activity was in oil and gas and financial services4 years ago -
Variations emerge in triple C CLO risk strategies
4 years ago
Managers that have launched CLOs with up to 50% allowance for triple C-rated assets are pursuing one of two different strategies. -
CLO managers lick their wounds with Joerns bankruptcy
4 years ago
Seven CLO managers hold $92.3 million exposure to US healthcare equipment businesses Joerns Woundco Holdings, which filed for Chapter 11 bankruptcy on Monday -
Rhode Island pension backs Clearlake credit fund
4 years ago
Rhode Island Employees Retirement Systems Pooled Trust is set to commit $30 million to Clearlake Opportunities Partners II, according to documents from an investment commission meeting seen by Creditflux -
Rallye CDS auction price drops to 12.5 cents on unmatched sell requests
4 years ago
Rallye's credit event auction to settle CDS contracts produced a final price of 12.5 cents today, lower than the initial price set in the first round this morning of 14.975 -
Rallye CDS set for high pay-out with credit event auction underway
4 years ago
Rallye CDS looks set for a high pay-out to protection buyers after a credit event auction today to settle the contracts produced an inside market midpoint of 14.875 cents, slightly below where the retailer’s bonds have been quoted -
GSO makes big hire to co-lead distressed investing
4 years ago
Blackstone's credit platform has appointed an ex-Goldman Sachs official to co-lead its distressed debt business -
Eaton Partners' Anstett: "investors want uncorrelated strategies in 2019" [video]
4 years ago
Eaton Partners' Chrystalle Anstett speaks to Creditflux's Michelle D'souza after her LP panel at the Creditflux Debtwire US Mid Market Forum
Want all the latest news, comment, analysis and data?