Latest news
Latest news
Manager increases deal’s size and tightens triple-A spreads by 2bp relative to the original deal
Manager opts for dual currency structure in deal that allows interest on double-A rated notes to be deferred
Deal’s triple-A rated notes price 1bp tighter than Redding Ridge’s previous transaction
More articles
More articles
-
Credit quality diverges between CLOs and private credit. UK auto ABS thrives but FCA redress scheme hits Blue Motor Finance -
Triple-A rated notes priced in line with recent deals, but transaction has longer non-call period
-
Impact of Iran war, software risks and 2028 maturity wall may push different borrowers to CLO and private credit markets
-
Deal’s triple-A and double-B rated notes land lower than recent tights, but deal excludes single-Bs
-
Number of resets fell following the start of Iran war, but lower spreads are now prompting managers to launch deals
-
Risks in exchange-traded funds holding CLOs are real, but there could be scope to relax the rules
-
Single-B rated notes land below 800bp as CLO spread tightening continues
-
Spread on triple-As cut by 19bp, single-B refinancing avoided
-
CLOs holding loans due to mature in 2028 are increasingly exposed to refinancing risk
