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BWICs spike and spreads widen but market remains constructive
Resets and refis prominent in pipeline as loan market softens, offering respite from repricing wave
Dasha Sobornova joins from Akin Gump with experience across asset classes
Trade body for levfin investors turns to leading rating analyst
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Joseph Donovan and Katherine Frey joins the credit rating agency -
Repricing is first of $3bn of CLOs that could be refinanced via online auction this year rather than through arranging banks
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Jamil Nathoo joins the firm as managing director to boost its CLO platform
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David Ridenour will be part of the corporate, finance and investments group
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Three CLO managers have set the benchmark for refis and static deals priced against Sofr after Libor demise
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The first deal is expected soon, with a further 12 issuers lining up alongside Fortress to set the benchmark for middle market CLOs
