Latest news
Latest news
Lower pricing across CLO capital structure does little to improve equity arbitrage
Manager tightens triple-A pricing by 27bp and avoids refinancing some junior mezzanine notes
Spread on triple-A rated notes 4bp wide of recent tights
More articles
More articles
-
Current general counsel will leave the firm -
The macroeconomic outlook is yet to improve significantly
-
Government interventions staved off pandemic-related defaults, though macro headwinds are causing uncertainty
-
Lack of government support this time around renders crisis comparison useless
-
Three deals were priced this week even as high spreads make economics of new deals difficult
-
Print and sprint CLOs are particularly susceptible
-
Market will be bumpy over the coming months, says S&P
-
A new partner should enable CS to maintain securitization franchise but reduce the capital it requires
-
Spreads could widen further but confidence in deal structure remains
