Latest news
Latest news
◆ Fast money reverses out of SSA bond market ◆ CLO managers face risky ramp startegy ◆ Corporate hybrid bond market runs hot despite volatility
Manager tightens spread on triple-A rated notes by 23.5bp compared with the original deal
Lower loan prices offer higher equity returns but managers face rally risk once deals are priced
More articles
More articles
-
Price guidance on Cairn Capital’s European collateralized loan obligation, Cairn CLO III, emerged Monday.
-
A bid list comprising mezzanine tranches of European collateralized loan obligations was scheduled to trade Friday afternoon, continuing the recent flow of bids-wanted-in-competition in the European CLO sector.
-
Sankaty Advisors hit spreads not seen since 2011 on its new collateralized loan obligation, arranged by Morgan Stanley.
-
Morgan Stanley is shaking up its securitized products group in a play to bolster its position in the new-issue securitization market.
-
Morgan Stanley is tapping a managing director in its Chicago office to head its securitized sales group.
-
Telos Asset Management, formerly known as Tricadia Loan Management, returned to the collateralized loan obligation market Monday with a $361.35 million CLO, upsized from an original $300 million.
-
Bain Capital credit affiliate Sankaty Advisors is looking hit the tightest levels seen on new-issue AAA-rated collateralized loan obligation debt in more than a year.
-
Bingham McCuthen partner Charles Sweet outlines the implications of the Commodity Futures Trading Commission's October and December 2012 interpretive guidance letters on commodity pools and how they relate to securitizations. -
Michael Freilich, a former managing director in structured credit sales at Deutsche Bank in London, has joined StormHarbour Securities as a managing director, also in London.
