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
-
Citigroup is said to be looking to raise $400 million for a collateralized loan obligation that will be managed by Silvermine Capital Management.
-
The seriously delinquent rate of single-family homes slipped to 3.57% in February from 3.59% a month earlier, while loan modifications fell slightly from January, according to Freddie Mac.
-
Lloyds Banking Group launched and priced its Sandown Gold 2012-1 small-to-medium enterprise loan securitization on Tuesday.
-
Life for boutique collateralized loan obligation managers will become increasingly difficult in the evolving CLO market, panelists at the Information Management Network’s CLO & Leveraged Loan Conference in New York said Monday.
-
The collateralized loan obligation market faces an “existential threat” in the Volcker rule, says the Loan Syndications and Trading Association, an industry group.
-
The collateralized loan obligation market faces an “existential threat” in the Volcker rule, says the Loan Syndications and Trading Association, an industry group.
-
Kelly Maier, a v.p. in high yield credit trading at Goldman Sachs in London, and Philip Ha, a New York-based secondary collateralized loan obligation and collateralized debt obligation trader, have both left the firm.
-
Invesco is said to be considering a sale of its portfolio of European collateralized loan obligations, as it shifts focus to its U.S-dollar denominated vehicles.
-
The pipeline for collateralized loan obligations is building up with a handful of deals being prepped by managers, including a $400 million deal from BlueMountain Capital Management that comes just 2012 tops $5 billion year-to-date in new issuance.
