Latest news
Latest news
Lower pricing across CLO capital structure does little to improve equity arbitrage
Manager tightens triple-A pricing by 27bp and avoids refinancing some junior mezzanine notes
Spread on triple-A rated notes 4bp wide of recent tights
More articles
More articles
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Kleinwort Benson has been appointed sole adviser to London Resort Co Holdings (LRCH), which plans to raise £3.2bn of debt and equity to build a Hollywood-style theme park near London called the London Paramount Entertainment Resort.
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Tiptree Financial, the owner of Telos Asset Management, will not finance the first loss piece of Telos’s latest CLO warehouse — leaving US market newbie Société Générale to find a buyer.
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Morgan Stanley priced KKR’s €516.1m Avoca CLO XIV late on Friday, having attracted strong demand.
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The Loan Market Association has said that Solvency II criteria for identifying simple, transparent and standardised securitizations are “a significant cause for concern”
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Carlyle is preparing the ground for a €400m CLO in a market that is tightening on both the asset and liability sides.
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Anchorage Capital has priced a collateralised debt obligation backed by riskier corporate bonds and loans than are present in most CLOs, highlighting investors’ insatiable appetite for yield.
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The Loan Market Association has said that Solvency II criteria for identifying simple, transparent and standardised securitizations are “a significant cause for concern”.
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Carlyle is preparing the ground for a CLO that may be sized at around €400m, in market that is tightening on both the asset and liability sides.
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Oak Hill Advisors has hired an experienced structured credit professional to its CLO business in London.