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
-
Invesco Senior Secured Management has priced a $465.34 million collateralized loan obligation after a prolonged marketing period, upsizing the transaction by $104.78 million.
-
Tom Majewski, managing director in the asset-backed finance group and head of collateralized loan obligation origination at RBS has left the bank.
-
New York Life Investment Management is looking to raise a $406.65 million collateralized loan obligation, and to price the top-rated portion at lower spreads than other recent deals.
-
An alternative asset manager founded by former Banc of America Securities executive Stephen Ketchum is making the rounds with investors for a $300 million debut collateralized loan obligation; one of at least two new managers to enter the space in recent weeks.
-
LCM Asset Management will tap the collateralized loan obligation market for the third time this year, this time with Bank of America arranging.
-
GSO Blackstone Debt Funds Management’s $563.9 million Marine Park collateralized loan obligation saw its top-rated $321 million tranche bought up at 147 basis points over LIBOR, affirming a trend of spread tightening in the primary market.
-
A weekly roundup of securitization sectors with year-to-date totals in ABS, CMBS, RMBS and CLOs in the U.S. and Europe. -
GSO Blackstone Debt Funds Management is shopping its second collateralized loan obligation of the year, the $514.05 million Marine Park CLO, and is looking to sell the top-rated $321 million tranche at tighter levels than most recent deals have obtained.
-
A bids-wanted-in-competition list comprising U.K. commercial mortgage-backed paper and some rarer German small-to-medium enterprise collateralized debt obligations saw four of its five bonds trade late on Tuesday.
