Latest news
Latest news
Changing issuance patterns, tight mezzanine spreads and investor demand deliver bumper crop of deals
Deal follows Macquarie's acquisition of Spire, which issued previous Aurium CLOs
Pim van Schie, a portfolio manager at Neuberger, discusses rising investor appetite for CLO mezzanine tranches
More articles
More articles
-
CLOs are eschewing loans with even a whiff of credit risk, creating a gap in the market for wily investors -
Manager takes advantage of tight mezzanine liability spreads to reset CLO after its reinvestment period ended
-
The first reset of a European private credit CLO, the rise of CFOs, and the plight of US ABS issuer Extenet
-
Deal's triple-A notes price 3bp tighter than those on Polus's previous transaction
-
Reset widens spread on deal's triple-A rated notes, but tightens pricing across most mezzanine tranches
-
-
Manager prices CLO's triple-As 2bp tighter than previous deal and issues single-Bs at a discount
-
Interest in CFOs is on the rise although these structures differ from those issued before the financial crisis
-
CLO managers settle on multi-currency template for private credit deals as investor appetite increases
