Sub-Senior decompression gathers pace amid large moves
Yesterday’s sell-off saw sovereign spreads gap wider still, with Ireland retracing to around 585bp – more than 100bp out from where it traded early on Monda

Early morning b-wic has investors scrambling for European CLOs
An early bwic yesterday morning sent alarm bells ringing with high bids for senior CLO notes from across both sides of the Atlantic

Latest CLO prices wider than expected
Citi has priced the latest new issue CLO, following hot on the heels of last week's deal for LCM

CLO equity fund posts 12th monthly NAV rise
A CLO investment fund posted its 12th consecutive monthly increase in net asset value, with a 2.7% rise in October

No slowing down for CLO mezz prices as demand gathers pace
Recent weeks have seen investors clamor over CLO mezzanine notes and the CFlux indices highlight just how strong the revival has been

Investor flogs CRE CDOs at knockdown prices
A seller of mezzanine tranches from CRE CDOs, accepted a series of depressed offers judging by covers on a bid list yesterday

Next CLO may price next week, as primary market picks up speed
Market sources suggest that Bank of America could price another CLO as soon as next week, following Friday’s pricing of the LCM VIII CLO

Use mezz for Europe/IG conversion plays, say tranche traders
The divergence between US and European credit indices that happened during the recent rally has continued at the start of this week as spreads are moving wider

CLO double B index jumps ahead of triple Bs
Following a closely fought tussle in recent weeks, the CFlux USD BB index has risen to 64.2 - in the process overtaking the index level for CFlux USD BBB

New CLO prices at tightest spread this year
A new CLO that priced on Friday achieved tighter triple A pricing than any previous deal this year

Secondary buyers bid up triple B CLOs
A bid list yesterday, comprised of $81.2 million of original US triple-B paper, saw 10 out of 12 line items fail to trade

Broadcasters bounce back
Eighteen months ago, many broadcasters were fighting for life. But in the nick of time an increase in advertising revenue rode to the rescue. 

Loan volumes set for year-end surge
Leveraged volumes in the US and Europe look set to rise

Investors stand to gain as Libor floors move to Europe
In an era of record low interest rates, Libor floors have become a key part of many US loan deals. But until now they have rarely been seen in European loans

Fund buys double B CLOs
A manager put to work most of the $33 million of new capital it raised last month for its CLO fund

Traders pore over bank numbers as rally proceeds cautiously
For financial credit traders today it has been a tale of two banks

Tranches broker teams up with Maxim
A former correlation trader and founder of a structured credit interdealer broker is said to be joining New York-based Maxim Group to head its structured credit sales and trading desk

CLO mezz reach new peak amid strong demand
Thursday was a busy day in the secondary CLO market as six seperate bid lists containing over $100 million in US CLOs and almost €50 million in European positions went to market

Investor appetite for CLO equity pushes secondary prices higher
Bidding on US CLO equity and European mezzanine saw the secondary CLO market spark back into life yesterday

Deutsche prices new CLO for New York manager
Deutsche Bank today priced the new CLO that it has been marketing in recent weeks, according to buy-side sources

Arranger plans first new issue CLO in three years
An investment bank is understood to be in the market with a new issue CLO