Latest news
Latest news
Pricing on junior mezzanine notes is diverging as managers have to cope with difficult conditions
Manager extends non-call by a year, tapping into market for shorter-dated deals
More articles
More articles
-
Three ex-Deutsche Bank senior managers are joining Wilmington -
CLO issuers are flooding into the market to refinance deals issued during the pandemic to lower their costs.
-
RHI Magnesita, an Austrian refractory supplier, has linked interest rates on credit lines totaling €770m to a third-party ESG rating. ING acted as arranger on the deal.
-
A data driven approach is emerging in a US CLO market struggling with the opaque or patchy environmental, social, and governance disclosures made in leveraged loans and the lack of standardisation. But a handful of CLO managers are developing scoring systems to add more rigour to their capabilities in a bid to meet growing investor demand for green securitizations.
-
The CLO market is in full gear with robust investor demand encouraging Apollo subsidiary Redding Ridge to issue another extra-large transaction, a $756m deal priced via Citi. The deal follows a $707m transaction issued in June.
-
KopenTech, the online CLO trading and analytics platform, has appointed Jill Scalisi as chief engagement officer. Scalisi will be responsible for business development, launching new products, and overseeing KopenTech's platform growth.
-
The head of US CLO structuring at Barclays, Eric Glyck, has resigned to join Octagon Credit Investors, according to people familiar with the matter.
-
CVC Credit Partners has priced the tightest US CLO of the month selling the senior notes at 113bp over three month Libor, underscoring the robust demand for the product.
-
Hightown, a housing association located north of London, has agreed a £100m unsecured green private placement, suggesting a modest growth in appetite for unsecured investment in the sector.
