Global CLO b-wic round-up: volumes jump as investors get their triple A fix9 days ago
The US CLO secondary market brought over $1.2 billion in total listings last week with the main driver behind last week’s supply being an increase in US CLO triple A bonds and an anchor equity position.
THL joins group of managers to refinance 2017 CLOs19 days ago
THL Credit Advisors yesterday joined the short but growing list of managers to refinance a 2017 CLO, according to market sources
CLOs finally get green cards as ESG makes its way to US market20 days ago
The rapid rise of environmental, social and governance (ESG) guidelines in financial markets has made its way across to the US CLO market, with several managers and investors last month announcing strategies geared towards ESG compliance.
Beyond blacklists: the next step in ESG20 days ago
Credit managers are integrating ESG into their investment processes, but that does not mean they are unable to invest in unethical credits — they can, if they are paid adequately for the risk.
THL prices second CLO of the year backed by broadly syndicated loans1 month ago
THL Credit Advisors on Friday priced its second CLO of the year backed by broadly syndicated loans, according to market sources
US credit managers make ESG breakthrough after taking a first step via UNPRI1 month ago
Incorporating a framework for investing in companies based on environmental, social and governance (ESG) factors is a challenge that US credit managers are accepting in growing numbers
THL updates credit investment framework to include ESG1 month ago
THL Credit Advisors has announced that it has developed an investment framework for assessing environmental, social, and governance (ESG) factors in analysing credit quality and risk factors
THL-managed fund expands investment mandate to include CLOs1 month ago
The decision, recently approved by the board of directors, is expected to enhance the fund’s original investment strategy,
THL returns with second middle market CLO offering2 months ago
THL Credit Advisors on Friday priced its second CLO backed by loans to middle market companies
CLO pipeline: US takes up baton after European July sprint2 months ago
The US CLO market is ready to kickstart issuance in August as nine deals have been added to the running pipeline.
THL anchor CLO equity seeks purchase in secondary market2 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
CLO pipeline: deal flow picks up as Amherst and SocGen work on mandates4 months ago
This week’s CLO pipeline looks very healthy in the US broadly syndicated loans CLO market with Amherst Pierpont and Societe Generale among the firms working on mandates
Los Angeles pension fund narrows down global direct lending search to four managers4 months ago
Los Angeles City Employees Retirement System (Lacers) has listed the finalists for a private credit mandate, according to an agenda document seen by Creditflux.
Managers slide down term curve5 months ago
PGIM and Voya were among managers issuing short dated deals in the first quarter. These CLOs, along with a surge in b-wics, kept up the supply of short dated paper as refinancings fell away
It’s possible to be big — and still be picky5 months ago
Our analysis of 2018 CLOs shows that firms such as Credit Suisse Asset Management and Sound Point Capital Management have built loan portfolios that are different to the rest of the market.
BNP Paribas lands double punch with two CLOs in a day6 months ago
BNP Paribas made a $1.11 billion splash in the US CLO market on Friday, pricing two new issue CLOs.
Mid market CLO league tables: Natixis dominates in Q1 as middle market diversifies6 months ago
The middle market CLO space has seen less activity at this stage of the year compared to 2018.
CLO pipeline: managers decide there's no point hanging about with quick-fire CLOs6 months ago
The CLO pipeline for the coming week shows signs of decent flow as managers ready themselves to offload deals.
Creditflux reveals finalists for most competitive Manager Awards ever6 months ago
To compile the shortlist for the annual Creditflux awards, we select the best performers in credit using a combination of detailed, data-driven metrics. The winners will be announced on 8 May
US CLO round-up: choose your own reinvestment period7 months ago
Reinvestment periods have played an important role so far this year, with 30.8% of the new issue market opting for terms shorter than four years
THL prices two CLOs in a single day, including first middle market-backed deal7 months ago
THL Credit Advisors left a $914.65 million mark on the CLO market on Friday by pricing two new issue deals, including its first transaction backed by middle market assets
THL prepares $505 million CLO alongside Natixis7 months ago
THL Credit is looking to issue a new CLO via Natixis named THL Credit Wind River 2019-1
Californian pension eyes commitment to THL direct lending fund7 months ago
RVK, the general investment consultant of the Santa Barbara County Employees’ Retirement System (SBCERS), has recommended the $2.8 billion US pension fund commit up to $25 million to THL Credit Direct Lending Fund IV
THL prices its $660 million CLO reset11 months ago
THL Credit Advisors teamed up with Morgan Stanley on Friday to price its largest CLO transaction of 2018
Kroll wins first CLO mandate to expand rating agency roster11 months ago
Kroll Bond Rating Agency has won its first CLO mandate with an announcement from the agency indicating that it has been hired to assign ratings to senior notes which are being issued as part of a US CLO reset
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