Latest news
Latest news
Borrowers take advantage of robust CLO demand to tighten leveraged loan pricing
New realm for ex-Natixis banker, as HSBC Innovation Bank hires
Manager reset the deal for the second time as the end of its reinvestment period approached
More articles
More articles
-
NN Investment Partners has hired a head of alternative credit, who is set to start in mid-January. -
The rally in the price of mezzanine CLO paper has run out of steam after a surprising run that saw spreads on the bonds tighten by 75bp-100bp since October, according to analysts at JP Morgan writing this week.
-
The rally in the price of mezzanine CLO paper has run out of steam after a surprising run that saw spreads on the bonds tighten by 75bp-100bp since October, according to analysts at JP Morgan writing this week.
-
The CLO is one of the more transatlantic sectors in securitization, and has grown more so in the past year as US managers make new inroads in Europe. However, both markets grapple with unique issues. In the US, a rocky corporate credit landscape has put the fear of widespread downgrades front and centre, while in Europe, the space is getting crowded and competition for collateral and persistent negative rates weigh on the sector. Both markets in 2020 are headed for an inflection point. Max Adams and Tom Brown report
-
In November, GlobalCapital polled loan market participants for its 17th Syndicated Loan and Leveraged Finance Awards. The nominations are listed below, in alphabetical order. We will reveal the winners at the Awards Dinner, to be held on February 12, 2020, in London. For details on attending the event, please contact Daniel Elton at delton@euromoneyplc.com or by calling +44 20 7779 7305
-
The amount of exposure to US loan collateral in European CLOs has climbed to as high as 30% for some newly issued deals, as newer managers “recycle” US collateral into euro transactions.
-
Barclays’ head of corporate broking leaves — ESG finance academic joins Barings — Morgan Stanley ratings banker heads for exit
-
The percentage of single-B minus rated loans from technology issuers has reached the highest point in the last four years, according to S&P Global Ratings.
-
First Eagle Investment Management will acquire THL Credit Advisors, a credit investment and CLO management firm headquartered in Boston which has approximately $17bn in assets.
