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
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Standard Chartered Bank has closed its second post-financial crisis synthetic collateralized loan obligation, a $3 billion trade finance deal called Sealane II.
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Bankers are out with equity on two new collateralized loan obligations, despite the week-long rollercoaster ride sparked by the downgrade of the U.S. credit rating by Standard & Poor’s.
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Private equity fund The Carlyle Group has acquired Foothill CLO 1, a $500 million collateralized loan obligation from the Foothill Group, a unit of Wells Fargo.
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Acis Capital Management has been retained as collateral manager of Hewett’s Island CLO 1-R, which has an estimated $243 million in assets under management.
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Colony Capital has acquired portfolio of institutional real estate collateralized non-performing loans from four German banks: Eurohypo, Landesbank Hessen-Thüringen, Berlin Hyp and Archon Capital Bank.
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The equity stake in $2.2 billion in new collateralized loan obligations to be raised from Lehman Brothers’ legacy commercial loan portfolio will be retained by the holding company established to pay back creditors, according to officials with knowledge of the transaction.
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Apidos Capital Management, a subsidiary of Resources America, has secured a warehouse facility from Citigroup to raise a new collateralized loan obligation, Apidos CLO A.
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Two courts have batted down separate Hail Mary passes thrown by the minority lending party in the GSC Partners bankruptcy case.
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The Loan Syndications and Trading Association has asked regulators for an exemption for collateralized loan obligations per the Dodd-Frank Act’s risk retention rules in a comment letter issued today.