Latest news
Latest news
An interview with Propel and the BBB, a busy Q1 for ABS, more arb headaches for CLO managers
Resets for 2021 and 2024 deals are less attractive to managers due to wider liability pricing
Spreads for the triple-A rated notes were similar to the manager's previous deal
More articles
More articles
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Recently priced European CLOs have had greater portfolio diversity written into their structures thanks to additional covenants, according to Fitch.
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GlobalCapital presented the Euro CLO of the Year 2014 award on Monday at IMN's London CLO conference. Click through to find out who won.
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US middle market lender Fifth Street Asset Management, which priced its first ever CLO in February, is ramping its second, which should be priced in the second quarter.
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Foncia — Springer Science — Survitec — Eiffage — British Land — Sanitec
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Barclays has bagged a mandate for one of New York’s largest CLO managers, its first deal for a top-tier stateside CLO issuer since entering the market in 2012. -
Bank of America Merrill Lynch has appointed two new co-heads for its global structured products and credit financing team in New York, which includes its CLO business.
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Finnish bathroom tiles maker Sanitec has prepaid and cancelled a €275m loan as part of its acquisition by rival Geberit.
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The confidence gleaned from a record year of US collateralized loan obligation (CLO) issuance in 2014 has clearly been carried into 2015. Some market participants at ABS Vegas predict the asset class will shrug off concerns over energy sector exposures and attract more equity buyers.
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Goldman Sachs is marketing senior notes in Pramerica’s Dryden 35 Euro CLO at 130bp, tighter than the 135bp level pegged for Deutsche for price thoughts on Spire Partner’s Aurium CLO I, but in line with Carlyle’s market-opening trade last week.
