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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Greenwich-based private equity firm Littlejohn & Co. debuted in the US CLO market via its credit arm Wellfleet Credit Partners, this week.
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A swathe of deals where Deutsche Bank is a counterparty are subject to proposals to allow it to stay on in its transaction roles, following confirmation of the bank’s A3 rating with Moody’s.
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After initially asking its CLO management subsidiary Telos Asset Management to find a third party investor to provide the first-loss piece of its latest CLO, Tiptree Financial has stepped in to do so itself — although it is still in talks with potential financiers.
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Carlyle has restructured Carlyle Global Market Strategies Euro CLO 2013-1 to meet Volcker rule requirements, according to Bank of America Merrill Lynch research. It is the first Volckerisation of a European CLO, the analysts said.
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Pricing has widened on the £300m sterling cov-lite loan backing Clayton Dubilier & Rice’s acquisition of Motor Fuel Group, the UK petrol station forecourt operator. -
US business development company Prospect Capital is planning up to three securitizations in the coming months, as well as spin-offs of three of its investment platforms.
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Eric Bothwell has joined Ashurst’s New York CLO practice as a senior consultant and is looking to rebuild after the firm lost nine senior lawyers in two months.
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Babson Capital and Pramerica Investment Management capped a busy Thursday for the CLO market, pricing their respective vehicles and seemingly confirming 135bp as the clearing level for senior notes.
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Babson Capital and Pramerica Investment Management capped a busy Thursday for the CLO market, pricing their respective vehicles and seemingly confirming 135bp as the clearing level for senior notes.
