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Investors eye 2028, 2031, 2032 as big years for loan maturities
Even leveraged deals still being underwritten, though banks are selective
Liquidity event at American manager comes at fraught time for industry
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
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Three CLO deals were priced this week even as conditions grow tougher
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HSBC Private Wealth, Julius Bär, Lombard Odier and Pictet Group look to move into the asset class
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The US CLO market has found its 'clearing level' as it adjusts to using Sofr as a benchmark instead of Libor and issuance will pick up as a result, albeit with some players troubled by macroeconomic uncertainty
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Hunter Douglas increases dollar tranche and cuts down euros
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Loan is a €500m increase on the existing notes
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ESG approaches and definitions vary