Latest news
Latest news
Resets for 2021 and 2024 deals are less attractive to managers due to wider liability pricing
Spreads for the triple-A rated notes were similar to the manager's previous deal
State of New Hampshire's innovative bond gets Ba2 rating
More articles
More articles
-
Credit Suisse has promoted Sheenal Thaker to its EMEA CLO corporate asset finance team, based in London.
-
BNP Paribas on Wednesday announced that it has hired a new US chief credit strategist.
-
Wynne Comer has left Bank of America Merrill Lynch after 12 years and will be taking on a role at AGL Credit Management, the new private credit firm opened in March by CIFC-founder Peter Gleysteen.
-
Paris-based Ostrum Asset Management is expanding into US markets as its institutional investors look to diversify into US alternative asset strategies, it said on Tuesday.
-
Barings BDC announced on Thursday that it is forming a joint venture with the State of South Carolina Retirement System (SCRS) that will invest in private debt, syndicated senior secured loans, structured products and real estate debt.
-
Reluctance from smaller Japanese buyers and the end of a rally in loan prices are likely to dampen CLO volumes through the remainder of 2019, market sources say, although the market thus far shows no signs of abating.
-
After the biggest month for new issue CLO supply since the market was created in the 1990s, Wall Street researchers have predicted that new issue spreads will grind tighter in the near-term, as secondaries come in and CLO formation is challenged by low loan supply.
-
Goldman Sachs is planning to directly offer equity using a new middle-market business development corporation (BDC) that opened at the end of 2018, as interest in direct lending continues to tick up and the economic cycle stretches toward its conclusion.
-
Thomas Mathieson has joined Credit Suisse from NatWest Markets, to head up special situations and loan trading.