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
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Strong relative value and par building opportunities attract CLO equity investors despite Iran war risks -
Fund will primarily focus on CLO equity and junior mezzanine notes, but can invest in triple-Bs
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Investor tells GlobalCapital it liked the portfolio’s diversity, data depth and sustainability impact
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Bank’s €1bn transaction is most granular so far and found new buyers
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Deal achieved second-lowest weighted average cost of capital in two week period
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Pricing lowers on investment-grade CLO tranches as market stabilises
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Leveraged loan prices have rallied from their post-war dip, with CLO demand remaining strong despite subdued LBO activity
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Deal was refinanced with very tight spreads in 2021 and has been out of reinvestment since 2023
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Deal includes one of the tightest triple-A prints since spreads widened due to the Iran war
