Latest news
Latest news
Manager tightens spreads across some mezzanine liabilities and includes two triple-B rated tranches
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
More articles
More articles
-
Whether due to illiquidity or volatility, the promised surge of reset activity will arrive next month at the earliest
-
The French bank is approaching investors about early-stage talks about a potential deal
-
Market recovery is being stunted by beachgoing investors
-
At least five issuers are marketing deals as market takes conservative tack
-
Manager reduces WACC on 2022 deal despite lower seasonal liquidity and broader volatility
-
Arranger postponed pricing of lowest rated tranches following market volatility
-
There's little consensus on the impact broader volatility will have on CLO and leveraged loan markets
-
The refinancing secured a 40bp discount
-
Managers will need to be proactive in a market that can violently turn