US Securitization
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Fund has over $400m of commitments, will invest in equity in Canyon's CLOs
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Week dominated by CMBS,RMBS and flow ABS
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Private credit unlikely to be able to bail CLOs out by refinancing loans
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Issuance of fiber paper set to grow this year
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As well as deals backed by new loans, it will call and refinance 2023 deals
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Claim that fees put off institutional investors denied
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More than 30 investors bought into the issuer's two trades
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It's easy for investment bankers to get jaded about awards ceremonies, but they are missing the point
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Loan margins and spreads have been bid down, even as warning signs rise on asset quality
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Aspire's first deal is a $391.28m non-prime securitization
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Adam Reeds joins Another Fine Mezz to discuss pioneering deal