Latest news
Latest news
Leveraged loan prices have rallied from their post-war dip, with CLO demand remaining strong despite subdued LBO activity
Deal was refinanced with very tight spreads in 2021 and has been out of reinvestment since 2023
Deal includes one of the tightest triple-A prints since spreads widened due to the Iran war
More articles
More articles
-
Bank of America-Merrill Lynch snagged the top spot for bookrunning global asset-backed securities in the second quarter of 2011, pushing out $6.07 billion in new deals, according to data provided to TS by Dealogic.
-
Deutsche Bank is said to be looking to raise nearly $406 million for collateralized loan obligation to be managed by Octagon Credit Investors.
-
Recent changes to the methodology Moody’s Investors Service uses to rate collateralized loan obligations may pose extension risks, according to analysts at Wells Fargo and JPMorgan.
-
Morgan Stanley today priced a $689 million GSO Capital Partners collateralized loan obligation, the largest deal since the financial crisis gripped the market.
-
Austin-based broker dealer Tejas Securities Group is expanding into high-grade securitization, appointing Samir Shah, former head of asset and mortgage-backed securities at MF Global, to its sales and trading desk.
-
GSO Capital Partners is retaining 5% of the equity from its new $688 million collateralized loan obligation, Central Park CLO.
-
Deutsche Bank has priced its €858 million ($1.23 billion) ECAS 2011-1 Loan B.V. collateralized loan obligation, which was backed by a book of second tier and mezzanine debt, but the deal’s pricing levels have sparked a bearish tone among some industry professionals in London.
-
The pipeline of primary market collateralized loan obligations could slow as the secondary market for paper cools off amid market turmoil tied to the Greek sovereign debt crisis.
-
Scott Eichel, former co-head of asset- and mortgage-backed securities trading at Bear Stearns, hasn’t looked back since the 85-year-old institution was absorbed by JPMorgan at the height of the subprime mortgage meltdown for just $10 a share.
