Latest news
Latest news
Changing issuance patterns, tight mezzanine spreads and investor demand deliver bumper crop of deals
Deal follows Macquarie's acquisition of Spire, which issued previous Aurium CLOs
Pim van Schie, a portfolio manager at Neuberger, discusses rising investor appetite for CLO mezzanine tranches
More articles
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Mexican petrochemicals company Grupo Idesa’s inaugural international bond traded up after pricing, as bankers close to the deal highlighted the spread of demand the issue attracted despite a modest book.
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Scout24 has prepared the debt structure backing its partial takeover by Hellman & Friedman, ahead of the deal’s launch in January 2014.
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Ashtead, the UK-based equipment rental company, sold a $400m tap of its 6.5% 2022 high yield bond on Wednesday.
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CMA CGM, the French container shipping business, sold its €300m unsecured bond on Tuesday. The 2018 deal came with an 8.75% coupon at 97.552 to yield 9.375%.
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Enel Rete Gas repayment — Sensata cuts margin — Anios allocation — Kuka refinancing — Dufry signs loan
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The US subsidiary of telecoms firm Alcatel-Lucent is seeking to reprice a $1.737bn term loan ‘C’, only four months after the deal was first repriced.
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The year 2013 opened a whole new chapter for the European high yield market — and the month of December has not blotted its remarkable advance.
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The U.S. collateralized loan obligation market is scrambling to find answers to questions raised by language in the final Volcker rule that effectively bans CLOs from holding high yield bonds and structured products in their portfolios.
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Over two years after it was proposed, US financial regulators passed the Volcker rule on Tuesday. In keeping with the glacial pace of bringing the rule into being, banks were similarly slow to digest its implications on their business, although it sparked fears for the future of the US CLO market.