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
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Outlook positive, but lack of new loans a sticking point, say SFVegas delegates -
Triple-A tiering steps up but junior tranches should be more sensitive to credit quality
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It's nice to simplify disclosure templates for CLO managers, but real support for non-IG borrowers starts elsewhere
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The law firm has hired five former Milbank lawyers ahead of its merger with Shearman & Sterling
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CLOs are closer to the mainstream than ever, so the asset class must stop functioning like a niche alternative
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K-Indicator to give investors clearer picture of market performance
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More supply coming as manager take advantage of the tightest spreads since February 2021
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Tightening has made resets attractive for some but not all managers
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Secondary spreads suggest room for further tightening but high issuance volume means tough technicals
