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Latest news
Pricing on junior mezzanine notes is diverging as managers have to cope with difficult conditions
Manager extends non-call by a year, tapping into market for shorter-dated deals
More articles
More articles
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◆ Bridgegate-gate ◆ Funky CLOs ◆ Repricing pains
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Returning equity shows the market works properly but CLO managers should protect the downside, SoundPoint's Russell Holliday says
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Equity holders will have to accept lower cash flows with no chance for a call
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Rise in loan prices allows sellers to take home profits while optimistic investors look to add equity risk
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BlueBay and Fidelity used the feature for the first time in Europe since the global financial crisis
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Spreads on split triple-A tranches average to 150.5bp
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Co-head Tom Blouin will pursue other opportunities
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Alan Rockwell and Heather Waters Borthwick join in New York, more additions likely
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The Japanese bank has boosted its teams in New York and Singapore with bankers from Morgan Stanley, Citi and Credit Suisse