Refine Search
Article Categories
Strategy Tags
- Direct lending (327)
- Distressed (1)
- Emerging markets (193)
- High yield bonds (692)
- Investment grade credit (259)
- Structured credit (278)
- CLO (577)
- Distressed debt (276)
- Marketplace lending (28)
- Private credit (3)
- Synthetic/SRT (323)
- High Yield/Unrated (1)
- Investment Grade (1)
- ABL Financing (153)
Geography Tags
-
US loan index falls below 92 to almost wipe out gains since July
2 years ago
The S&P/LSTA Leveraged Loan Index sank to an average bid of 91.92 cents by Monday, down by two points in as many weeks, wiping out almost all the gains seen in the late-summer market rally -
Nomura readies multi-strat credit interval fund launch
2 years ago
Nomura Private Capital is readying the launch of a new, closed-ended interval fund which will invest across the credit spectrum - including bonds, loans, CLOs, distressed debt emerging market debt -
Euro CLO trader lands at LGT to co-head liquid credit
2 years ago
LGT Capital Partners has hired a former Morgan Stanley European CLO trader as co-head of liquid credit -
UniCredit wraps up three synthetic securitisations with EIB backing
2 years ago
UniCredit says it has produced three synthetic securitisations which will free ithe bank up to lend over €5 billion to small and mid-sized enterprises in Italy, Germany and Bulgaria. -
Axa IM plots Euro CLO warehouse investment amid loan pressure and possible liquidations
2 years ago
Some European CLO warehouse may face liquidations and there will be further pressure on leveraged loans in the last quarter of the year, according to Axa Investment Management -
European IG CLO mezz is attractive versus US paper: Barclays
2 years ago
There is no reason for European CLO mezzanine tranches to be as wide as they are versus equivalent US paper, according to a strategy note from Barclays. -
Beneath the triple C: US CLOs take a dip in the triple C as Europe watches from the sun lounger
2 years ago
The US CLO market bore the brunt of downgrades to triple C in July and August, with a total of $6.22 billion of paper affected. European CLOs enjoyed a more relaxing summer holiday, with only 1 name representing €33.88 million worth of bonds downgraded to triple C. -
15 CLO managers aim to print European deals as 'aspirational pipeline' forms
2 years ago
European CLO market participants are doubtful the pace of issuance will return to full swing in September, despite a reasonably healthy forward-looking pipeline. -
Fitch launches ESG scoring for Euro lev fin issuers with 75% CLO coverage
2 years ago
Fitch has scored 430 individual borrowers in the European market, which are on average more than 75% of the portfolio in an average Fitch-rated European CLO -
Mandatum launches open-ended European leveraged loan fund
2 years ago
Sampo Group and Kaleva Mutual Insurance Company have provided seed capital to the Article 9-aligned vehicle and will additionally co-invest alongside the sub-fund in underlying loans and bonds -
Keep an eye on gaming, leisure and entertainment issuers in Euro CLOs, says BofA
2 years ago
CLO investors should be mindful of industry concentration exposure, with the gaming, leisure and entertainment sector an area of focus, according to Bank of America research released yesterday -
ArrowMark fills vacancy in London with SRT hire from sell side
2 years ago
ArrowMark Partners has filled a void in its London office after hiring an SRT specialist from Citi -
Euro CLOs demonstrate "considerable resiliency" to upcoming CLO maturity wall, says S&P
2 years ago
Managers and investors should keep an eye on upcoming CLO maturity wall with “potential adverse effects” amid tighter financing conditions and the impact that could have on CLO performance and ratings -
LP round up: Magnetar and Värde among winners as $3 billion flows to credit
2 years ago
Institutional investors allocated at least $3 billion to credit funds in August -
CLOs keep eyes glued to screen as Cineworld previews possible chapter 11
2 years ago
Cineworld, the UK-based cinema giant, has announced that a chapter 11 restructuring is among the options it is considering, in response to recent media speculation about a possible default -
Widening asset/liability gulf will hurt CLOs: Barclays
2 years ago
A mismatch between CLO asset / liability rate risk is increasing in the US as more leveraged loan issuers opt for one-month pay frequency, Barclays credit strategists have found -
Carlyle names co-founder as interim CEO as Lee steps down
2 years ago
Carlyle Group’s chief executive officer Kewsong Lee has stepped down from this role and the board of directors, effective immediately -
Short duration CLOs are putting reset risk in the post: Barclays
2 years ago
The CLO market’s recent trend of shorter duration issuance could be setting up a problem for managers down the line that will impact their equity returns, Barclays has warned -
UBS says modelling suggests upcoming recession won’t bite
2 years ago
Likely global recession scenarios look mild according to strategists at UBS, who have run four models. -
Credit funds at a glance (August 2022)
2 years ago
A round up of fundraising and people moves in credit
-
Ucits at a glance: Ucits see red in a tough June for returns
2 years ago
June marked an exceptionally tough month for Ucits funds, as none of those listed in the Creditflux database made it into the black -
Credit hedge funds (August 2022)
2 years ago
Credit hedge fund returns -
Fund performance: Select funds shine in dreary June for credit hedge funds
2 years ago
Credit funds suffered through June, as only 8% of listed funds reached the black. This made June the fourth month in a row in which negative returns increased -
Points up front: ESG official rants at ESG
2 years ago
Stuart Kirk, the former head of responsible investing at HSBC Asset Management, signed off on a frank note as he unveiled his resignation on LinkedIn -
We can cope with downgrades again
Having overcome one loan downgrade wave in 2020, the CLO market is now facing another. But this time CLOs are defensively positioned, and managers have a chance to adjust portfolios2 years ago
Want all the latest news, comment, analysis and data?