Latest news
Latest news
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal is one of the tightest prints this year and is the second European CLO solely arranged by Mizuho
Debut manager is launching a CLO platform building on leveraged loan market experience
More articles
More articles
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Ladder Capital closed its first CLO backed by bridge loans on commercial real estate properties on Tuesday, the second time this year it has stepped into the capital markets with a deal from its own shelf. -
BlackRock and GSO are back in the European CLO market this month, following four deals in September from Accunia, Tikehau Capital, Cairn Capital and Partners Group.
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US CLO debt investors are skewing their investment portfolios in favour of new issue paper away from resets, despite the availability of collateral remaining a key concern, according to a JP Morgan survey.
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With an increasing amount of leverage available in the CLO market, hedge funds are creeping up the CLO capital stack to buy higher rated bonds, while insurers slip down the capital structure to buy riskier paper.
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The European Bank for Reconstruction and Development is to lend Dh217m (€20m) to CaixaBank to fund small and medium enterprise (SME) lending in Morocco.
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Two commercial real estate CLOs are understood to be in the pipeline following a bumper deal from Prime Finance last week, in what has been a hot year for the asset class.
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Drinks bottle maker Refresco has pared back the size of the euro tranche of a term loan ‘B’ and added a sterling portion as it looks to wrap up commitments for the deal on Tuesday.
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Toymaker Mattel has loosened the terms of its revolving credit facility for the second time this year after key buyer Toys ‘R’ Us filed for chapter 11 bankruptcy on Monday.
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New York investment manager Neuberger Berman has closed a new $1.1bn fund that will target the secured and unsecured debt of private-equity backed US companies.
