Investors push into options to take advantage of credit volatility
Straddles and stranglers get more attractive as options price in more shocks 

CLO investors pile in with above-par bids for unusual Prudential deal
It is rare that a CLO 1.0 tranche trading above par in the secondary market is considered cheap, but sources say one 2006 vintage bond fit that profile yesterday

Experienced CLO trader to end 15-year stay at bank in New York
Market sources say that a key CLO trader is leaving a bank, which has reduced the amount of capital it is dedicating to the secondary CLO market 

Commodities slump claims its latest victim as Noranda is canned
According to CLO-i data, around $210 million of Noranda's 2019 term loan is held in CLOs, with 83 deals holding some exposure to the name. These deals are set to take a hit after Noranda filed for bankruptcy yesterday

Japanese bank makes landmark investment to boost European CLOs
Carlyle secures key buyer for triple As on recent deal

Credit option volumes surge
Surging volumes have made credit index options one of the most liquid parts of the credit market

Trading ideas for volatile times
Turmoil in the credit markets last month prompted a wide range of views and recommendations. Here is our pick of the most eye-catching research

Investors look to receivers as a cheap way to get long high yield
US high yield options market suggests investors are looking for a cheaper way to go long 

Goldman markets new $300 million CLO for regular client
Goldman Sachs has begun marketing a new CLO for a regular client, according to market sources.

Alcentra pulls in $110 million from US pension fund for direct lending
Alcentra has secured a further boost to its direct lending business in Europe, after a large California pension fund agreed to put $110 million into its latest fund

CLO managers get a paper cut as Verso files for chapter 11
A handful of CLOs will take a hit after paper manufacturer Verso filed for bankruptcy yesterday

Credit Suisse markets triple-As at 150bp as European CLO nears pricing
Credit Suisse has released price guidance for a large credit manager's debut European CLO, according to market sources

UBS picks up flow loan trader in London
Flow loan trader joins Swiss lender after leaving rival dealer

NXT raises $202 million for new mid-market loan fund
Middle-market lender NXT Capital is launching its fourth senior loan fund having held a final close on an $800 million loan fund 12 months ago. 

Investors vote to call struggling euro CLO
A 2007 European CLO which failed to pay equity investors for six years is set to be redeemed next month, according to an investor notice

West coast insurer snaps up debt in new trups-style CLO
A life insurer has invested in a recent groundbreaking CLO, which is backed by loans issued to US community banks

CLO market sees first shoots of life as Oaktree prices opening 2016 deal
Oaktree conkers European market to price 2016's first CLO