Latest news
Latest news
Pricing widens on deal's triple-As, but tightens across most of the capital stack as mezzanine spreads stay tight
Deal is manager's first new issue euro CLO this year and has three triple-A rated tranches
Manager tightens spreads across some mezzanine liabilities and includes two triple-B rated tranches
More articles
More articles
-
Investment grade tranches priced tightly but mezzanine notes came wide -
Even a small tightening could unlock huge dealflows, but investors appear to push back amidst a wave of issuance
-
Secondary market has been strong throughout 2024, according to KopenTech data
-
◆ UK RMBS tightening ◆ Troublesome triple-C buckets ◆ George's marvellous microphone
-
Approach to credit monitoring matters more than triple-C bucket size as market vulnerability is expected to drive manager tiering
-
Total of six transactions priced on Tuesday but further tightening unlikely
-
-
European CLO debt index will be the first benchmark provided by a manager
-
◆ Run of second charge mortgages ◆ CLO market runs to stay in place ◆ Greater expectations
