Latest news
Latest news
Despite currency risk, structure offsets some dangers for investors, although lower credit quality remains
No one is sure when AI's threat will strike, or where
Spread on the triple-A rated notes is 8bp tighter than for the issuer's recent deals
More articles
More articles
-
Collateralized loan obligations are tough enough to withstand twice the default levels seen in economic crisis beginning in 2008, and some new-issue CLOs could even withstand more, according to Royal Bank of Scotland research.
-
American Money Management is in the market with a $400 million collateralized loan obligation with price talk in line with other similar deals to come to market in the last month, in the area of 148-150 basis points on the AAAs, market players say.
-
The consolidation of U.S. collateralized loan operations managers may be a positive for bondholders, says Fitch Ratings.
-
U.S. Bank Global Corporate Trust Services named senior v.p. Tom Cubitt head of European corporate trust business in London.
-
Octagon Credit Investors is said to be in the market with a $300 million collateralized loan obligation with price talk in the area of 145 basis points over LIBOR for the AAAs.
-
Ares Management has priced an upsized $430 million collateralized loan obligation, Ares XXIII CLO.
-
Apollo Credit Management printed ALM V, a $425 million collateralized loan obligation backed by senior secured bank loans and arranged by Citigroup, Thursday afternoon. -
The bump in primary collateralized loan obligation issuance continued this week with a $370.5 million offering from LCM Asset Management.
-
Collateral manager Symphony Asset Management has closed its Symphony CLO VIII, a $349 million cash flow arbitrage CLO comprising a revolving pool of broadly syndicated senior secured loans.
