- Direct lending (4)
- Emerging markets (1)
- High yield bonds (2)
- Investment grade credit (1)
- Structured credit (1)
- CLO (remove)
- Distressed debt (2)
- Credit derivatives (1)
- Leveraged loans (3)
Global CLO league tables at a glance - November 2019 YTD2 days ago
Global CLO league tables at a glance - November 2019 YTD
CLO pipeline: high triple C bucket opens a Gateway to pricing9 days ago
In less than ideal market conditions, even experienced CLO managers are learning new tricks to keep the pipeline full. Of the 11 US new CLOs that appear in the pipeline this week, two are high triple C bucket transactions
Beyond blacklists: the next step in ESG2 months 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.
CLOs at a glance2 months ago
A round-up of CLO performance
Global CLO b-wic round-up: US and European double B trading patterns diverge2 months ago
48% of the CLO secondary market was made up of triple A bonds; $255.6 million of US CLOs and €108.55 million of European CLOs. But there were differences in how CLO double Bs are trading in those markets.
- A key CLO triple A investor dropped back from the market in the second quarter of 2019, but, remarkably, CLO spreads tightened as repricings came back and other investors drove demand4 months ago
CLO pipeline: CSAM and Octagon look to move further ahead of the chasing pack4 months ago
The CLO pipeline in all three markets looks similar to last week with a reduction of only around $500 million in predicted new issue volumes in each of the US, European and mid market CLO spaces. But all three of these market segments look healthy with new issues and refinancings being favoured by managers
Global CLO round-up: it's time to rethink benchmarks4 months ago
The CLO market broke out of holiday mode last week by presenting strong issuance on both sides of the Atlantic - $2.8 billion in the US and €1.6 billion in Europe. High volumes have brought with them bigger shifts in market dynamics. This week put the focus on tightening spreads, as benchmark triple A levels dipped.
- Two firms that have been in the market for fewer than seven years were named the top managers at the Creditflux awards last month. Manager of the year Spire only issued its first CLO in 20156 months ago
Spotlighting the original originator6 months ago
Five years ago in Creditflux, we reported on the very first CLO originator fund being launched: Blackstone/GSO Corporate Funding.
Global b-wic round-up: US CLO equity continues its surge6 months ago
Last week marked the third straight week that the US CLO secondary market has seen total listings of under $600 million, but over a quarter of that was equity.
Spire wins Creditflux Manager of the Year award6 months ago
Spire Partners was the big winner at Creditflux's Manager Awards last night as the London-based manager scooped the award for the manager of the year. On top of this, the firm picked up awards for Best European CLO Manager and Best European CLO for Aurium CLO II
CLOs at a glance7 months ago
A round-up of CLO performance
Two CLO investors leave GSO in London7 months ago
Two experienced CLO investors have parted ways with GSO Capital Partners in the last few weeks
CLO pipeline: managers seek to return as others arrive, after testing Q17 months ago
With the first quarter of 2019 now in the books, the CLO market looks to be continuing where it left off.
Creditflux reveals finalists for most competitive Manager Awards ever8 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
Keep calm and buy corporate loans9 months ago
Calm heads prevailed in 2018. Markets were volatile and risk retention was supposed to cause problems, but there was no need to panic and volumes went on to break records set in 2014
The financial crisis was the making of ’em11 months ago
Some of the largest and best performing CLO managers before the crisis were fairly nimble by today’s standards — but these 1.0 outperformers are now among the biggest names in the industry
The financial crisis was the making of 'em11 months ago
Some of the largest and best performing CLO managers before the crisis were fairly nimble by today's standards - but these 1.0 outperformers are now among the biggest names in the industry.
Blackstone builds on multi-asset approach with fifth fund1 year ago
The new vehicle will invest directly into Blackstone deals across its alternatives platform
Global CLO round-up: buttermilk-shakes things up as CLO spreads go everywhere1 year ago
Ahead of the US Labor Day weekend, CLO issuers have been grafting away with $6.5 billion pricing across the US market through 11 deals
GSO CLO fund looks to wind up with offer to roll into manager's originator strategy1 year ago
The board responsible for Carador Income Fund, managed by GSO Capital Partners, has given shareholders an opportunity to wind the fund up, alongside a rollover opportunity for shareholders into GSO's CLO originator fund, Blackstone/GSO Loan Financing
CLO b-wic lineup shows it’s never too late to trade 1.0 equity1 year ago
Old legacy deals make a comeback today as €37 million and $12 million of 1.0 equity is up for grabs in two European deals - Eurocredit CDO VI and Oak Hill European II - and one US deal, Gale Force 3 CLO.
CLO b-wic line-up: $42 million of double B CLOs go up for sale1 year ago
$41.9 million of double B notes are up for grabs today via b-wics. Out of these 16 line items, GSO Capital Partners’ Seneca Park is a noteworthy deal with the CLO being just two months away from the end of its reinvestment period
CLO b-wic line-up: recent deals dominate secondary market1 year ago
Recently priced deals have been put up for sale in the secondary market as 75.1% of today’s b-wic line-up consists of deals which have been priced (or altered) in the last 12 months
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