Top section
Top section
New dangers are making deals harder to do, but pricing for the haves is still tight
Manager refinances 2023 deal, reset in 2024
◆ Double-B French telecoms brings IG-style execution ◆ Demand peaks over €2bn ◆ Pipeline looks thin as uncertainty over Middle East conflict looms
More articles
More articles
More articles
-
French telco cut but a downgrade nor a default should have dramatic impact on European CLOs -
Tight spreads have lured back many managers that had paused deal activity amid difficult markets since 2022
-
Risk retention funds and other equity vehicles have proved their merit in keeping the market alive, even if they annoy some participants
-
Manager is first to refinance a vintage before 2022 for more than 18 months
-
Manager equals tightest prints of the year but 147bp appears to be line of resistance for triple-A tranches
-
Young CLO manager has found unusually faithful following but tight print largely down to better markets
Sub-sections
shared comment list
