Latest news
Latest news
Spread on triple-A rated notes falls by 15bp compared with previous deal
A new European data centre sponsor, Dutch buy-to-let back in business, CLO equity squeezed and a Bitcoin backed deal
Manager raises third-party equity in challenging environment for CLO arbitrage
More articles
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Barclays’ head of corporate broking leaves — ESG finance academic joins Barings — Morgan Stanley ratings banker heads for exit
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The percentage of single-B minus rated loans from technology issuers has reached the highest point in the last four years, according to S&P Global Ratings.
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First Eagle Investment Management will acquire THL Credit Advisors, a credit investment and CLO management firm headquartered in Boston which has approximately $17bn in assets.
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Cairn Capital announced a pair of hires at the end of last week, appointing José Ferrero and Vihren Jordanov as senior credit analysts.
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Market participants should take advantage of any spread widening in CLOs between now and year end, said Bank of America research analysts, as they predict that bonds throughout the capital stack will rally in 2020.
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CIFC Asset Management has priced its sixth US CLO of 2019, bringing the manager’s new issuance volume for the year to over $3bn.
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Alternative credit investment manager Kennedy Lewis Investment Management has hired the head of capital markets at Blackstone’s GSO Capital Partners as partner and president.
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Two senior French equity capital markets and coverage bankers who left Société Générale two months ago have joined arch-rival BNP Paribas.
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Wells Fargo analysts are predicting a decline of up to 20% in US CLO issuance in 2020, as demand for floating rate products wanes and new issue arbitrage poses a challenge for managers.