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
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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.
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The consolidation of U.S. collateralized loan operations managers may be a positive for bondholders, says Fitch Ratings.
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U.S. Bank Global Corporate Trust Services named senior v.p. Tom Cubitt head of European corporate trust business in London.
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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.
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Ares Management has priced an upsized $430 million collateralized loan obligation, Ares XXIII CLO.
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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.
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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.
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A new collateralized debt obligation of European residential mortgage-backed securities by NJR Invest is raising eyebrows among market participants in the region.
