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
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Citigroup is urging regulators to reconsider plans to force securitizers to keep a slice of risk in deals they structure, saying the plan lacks full analysis and is too broad and confusing.
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The industry is split over the effectiveness of the Securities and Exchange Commission's rule 17g-5 with bankers ratings agency officials taking different stances on the initiative at the American Securitization Forum's annual meeting in Washington.
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Investors in European asset-backed securities deals are facing a busy next few weeks as issuers press investors to vote on changes needed to bring existing transactions up to speed with revised Standard & Poor’s counterparty criteria.
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Apollo Global Management is planning to raise at least one more collateralized loan obligation this year, with an eye to testing the post-crisis market with at least two primary vehicles annually.
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A vote in the legal battle over $8 billion in collateralized loan obligations and other assets connected with GSC Partners’ Chapter 11 bankruptcy filing has been postponed indefinitely, according to court filings.
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The global market for new issue collateralized loan obligations may not return to its peak of pumping out 150 deals each year, but market players are confident it will remain a viable sector.
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Performance of European small and medium-size enterprise collateralized loan obligations continue to stabilize or improve, according to Fitch Ratings.
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Europe’s bids-wanted-in-competition shot up to €3 billion (4.35 billion) in asset-backed securities last month, more than double the amount on offer in previous months, according to analysts at the Royal Bank of Scotland.
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Denmark’s TDC Pensionskasse is looking into reallocating some of its credit portfolio to collateralized loan obligations.