Latest news
Latest news
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
More articles
More articles
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An interview with Propel and the BBB, a busy Q1 for ABS, more arb headaches for CLO managers -
Resets for 2021 and 2024 deals are less attractive to managers due to wider liability pricing
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Spreads for the triple-A rated notes were similar to the manager's previous deal
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Falling leveraged loan prices promise tantalising returns, but the risk of defaults is rising
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Some managers are choosing loans conservatively to avoid losses, but they will struggle to improve returns
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Leveraged loans in stressed sectors like software carry refinancing risk
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Manager prices triple-A notes inside where it placed previous new issue
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Deal’s triple-A notes are fully syndicated to investors, despite volatility from Iran war
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Far fewer leveraged loans are trading above par, but market bifurcation endures
