Latest news
Latest news
CLOs are eschewing loans with even a whiff of credit risk, creating a gap in the market for wily investors
Manager takes advantage of tight mezzanine liability spreads to reset CLO after its reinvestment period ended
The first reset of a European private credit CLO, the rise of CFOs, and the plight of US ABS issuer Extenet
More articles
More articles
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Some of the deal’s tranches price tighter than RBC BlueBay’s previous deal, despite Iran war volatility -
At least 12 European CLOs are in the pipeline across new issue and reset deals
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Manager opts for second reset of 2014 CLO, with pricing on the deal’s triple-As expected to widen by 44bp
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Ares middle market deal in 2025 was the first CLO incorporated in Luxembourg
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Single-B notes still need a discount
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Triple-A tranche comes 32bp wider than at first reset
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Managers may launch CLOs that combine BSL and private credit loans as weak equity arbitrage persists
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Triple-As price only 4bp wide of recent market tights as manager avoids issuing single-B rated notes
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Pricing on double-A and single-A rated notes tightens below initial guidance
