Latest news
Latest news
Spreads on CLO liabilities stay wide, making resets for deals from multiple vintages unattractive
Fund is designed to invest in the equity in Bain’s CLOs, but can also invest in liabilities
Manager trims spreads on CLO’s investment grade tranches in partial refinancing
More articles
More articles
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Participants in the leveraged loan and CLO markets could begin to see an improvement in “woeful” settlement times as new technology replaces inefficient and outdated processes.
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Voya Alternative Asset Management, which rebranded from ING US Investment Management in 2014, is refinancing two CLOs it issued in 2012.
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AXA Investment Managers has responded to investor yield hunger by raising an expected $250m fund to invest short term at the mezzanine level in 1.0 era US CLOs.
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US regulators have given sentiment in the European CLO market a boost by clarifying that non-US banks can own and trade CLOs that do not comply with the Volcker rule.
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At IMN’s London CLO conference on Monday, GlobalCapital presented 3i and Credit Suisse with the Euro CLO of the Year 2014 Award for 3i’s Harvest IX CLO. The deal received the most votes from market participants out of a shortlist of five.
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It’s easy to make short term arguments that standardising CLO documentation and improving execution transparency hurts managers, or investors, or banks. But it doesn’t have to.
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Recently priced European CLOs have had greater portfolio diversity written into their structures thanks to additional covenants, according to Fitch.
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GlobalCapital presented the Euro CLO of the Year 2014 award on Monday at IMN's London CLO conference. Click through to find out who won.
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US middle market lender Fifth Street Asset Management, which priced its first ever CLO in February, is ramping its second, which should be priced in the second quarter.