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
-
Investors keen, but worried spread rally may not last
-
Rising loan prices have boosted equity returns on 2022 deals despite wide spreads
-
The additional €5bn of repayments could be 'material' for triple-A demand
-
Transaction would be first refinancing through the Dutch auction process since 2022
-
Despite a few tighter prints last week, pricing is unlikely to compress much further
-
Data on life insurance investments reveals growing taste for high-quality CLOs
-
Over 20 managers in the market with more catalysts from triple-A tightening on the way
-
Firms like Symetra allocated around 15% of invested assets to CLOs, say Moody's
-
Further tightening of double-As may be limited; there is room for compression further down the cap stack