Latest news
Latest news
Deal’s triple-A notes are fully syndicated to investors, despite volatility from Iran war
Wells Fargo, JP Morgan and Citi are among the top US bank buyers of CLOs
Far fewer leveraged loans are trading above par, but market bifurcation endures
More articles
More articles
-
The CLO market is in full gear with robust investor demand encouraging Apollo subsidiary Redding Ridge to issue another extra-large transaction, a $756m deal priced via Citi. The deal follows a $707m transaction issued in June.
-
KopenTech, the online CLO trading and analytics platform, has appointed Jill Scalisi as chief engagement officer. Scalisi will be responsible for business development, launching new products, and overseeing KopenTech's platform growth.
-
The head of US CLO structuring at Barclays, Eric Glyck, has resigned to join Octagon Credit Investors, according to people familiar with the matter.
-
CVC Credit Partners has priced the tightest US CLO of the month selling the senior notes at 113bp over three month Libor, underscoring the robust demand for the product.
-
Hightown, a housing association located north of London, has agreed a £100m unsecured green private placement, suggesting a modest growth in appetite for unsecured investment in the sector.
-
Z Capital Credit Partners, the credit arm of Z Capital Group, has promoted a CLO portfolio manager in its investment team to managing director.
-
European CLO managers are growing their presence in the US, lured by tighter spreads and growing demand from investors and running contrary to the previous trend for US managers to plot European expansion.
-
CarVal Investors has launched a new CLO platform that looks to advance the sophistication of investing along environmental, social and governance lines in US capital markets.
-
Park Avenue Institutional Advisers, a subsidiary of the Guardian Life Insurance Company of America, has returned to the market with its first CLO of the year. It is the latest in what has been a record number of issuers in the market in a single year and there is no sign of any let-up in activity.