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
-
A vote is scheduled for June 14 to resolve the dispute resulting from GSC Partners’ Chapter 11 bankruptcy protection filing and ensuing battle for control of $8 billion in collateralized loan obligations and related assets (TS, 11/5), according to court filings viewed by TS.
-
A vote is scheduled for June 14 to resolve the dispute resulting from GSC Partners’ Chapter 11 bankruptcy protection filing and ensuing battle for control of $8 billion in collateralized loan obligations and related assets (TS, 11/5), according to court filings viewed by TS.
-
Redwood Trust expects to issue two more private-label residential mortgage securitization deals this year, Martin Hughes, president and chief executive, told the Senate Banking, Housing & Urban Affairs Subcommittee on Securities in Washington today.
-
The U.K. Financial Services Authority is taking its own view on how the E.U.’s financial markets reforms should be implemented, penning a fresh plan to allow “group” compliance on new rules slated to hit the global securitization industry.
-
Deutsche Bank is reportedly pre-marketing the first CRE collateralized debt obligation to hit the market since the downturn.
-
Business Development Companies, or BDCs, are being touted as the next big thing for managers of collateralized loan obligations, with an estimated 15 new vehicles said to be in the works for public offering, according to bankers and collateral managers.
-
BlackRock has sold half of the equity of its recent $400 million collateralized loan obligation to third-party investors, according to an official close to the transaction.
-
Dealers are scoping out trading opportunities in legacy collateralized loan obligations as Moody’s Investors Service works to revise its default assumptions imposed in the wake of the mortgage crisis. Legacy CLOs, BBs and single B- tranches in particular, are being sized up as new trading opportunities.
-
Apidos Capital Management is looking to raise a new collateralized loan obligation this quarter, its first vehicle since the financial crisis hit the market. The firm has been actively buying contracts from other managers in the ensuing consolidation period, and still has its eye on more acquisitions. Gretchen Bergstressser, senior portfolio manager, and Christopher Allen, chief operating officer, recently sat down with TS Managing Editor Joy Wiltermuth to discuss their strategy.
