Latest news
Latest news
Market anticipates another record year for new issuance, even as equity returns remain weak
Rating upgrades to CLO tranches by Moody's and Fitch could let managers increase leverage in deals
Manager takes advantage of tight spreads available for refinancings to cut triple-A pricing by 14bp
More articles
More articles
-
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.
-
Stateside, investors were seen clamoring for one lone ABS deal, a farm and construction equipment transaction from John Deere Capital, that priced tight amid the otherwise barren ABS primary landscape.
-
Capital markets don’t normally break records in August. But the pricing of three collateralized loan obligations brought the month’s total issuance to $5.77 billion, breaking April’s $5.66 billion mark as the biggest month for CLOs since the financial crisis.
-
An Ares Management unit upsized its newest collateralized loan obligation by about $300 million to $718.3 million at pricing.
-
The top-rated tranche of a new $413.2 million collateralized loan obligation from Columbia Management sold at a spread that is tighter than any non-static, new-issue CLO seen since late June.
-
A weekly roundup of securitization sectors with year-to-date totals in ABS, CMBS, RMBS and CLOs in the U.S. and Europe.
