Credit trades cautiously wider ahead of uneployment figures
Credit trades cautiously wider ahead of uneployment figures

Cemex enters debt restructuring
Mexico-based building materials and cement producer Cemex secured a restructuring plan with its creditor banks

Asset manager tests water with bid list of large CLO positions
Yesterday’s widely distributed $236 million cash CLO bwic included jumbo positions largely as a marking exercise, CDO sources claim

Global credit trading head resurfaces at French bank
Global credit trading head resurfaces at French bank

Dislocations in emerging market corporate loans attract traders
Dislocations in emerging market corporate loans attract traders

Weaker credits tap bond market
Weaker credits tap bond market

Plug in here for cash
Food, shelter and warmth: these basics are essential for human survival. As, it seems, is television. The fact that watching football and re-runs of Friends is not seen as a luxury by most people means that cable companies are weathering the recession better than many others. Many cable operators are increasing their earnings, their credit ratings are generally stable, and some have even seen ratings upgrades.

Broadcaster hits the bond market to improve liquidity
Univision Communications joined the trend of high-quality high-yield companies hitting the bond market to improve their liquidity.

Secondary CLOs trade amid bid list confusion
Yesterday’s 11am bid list for two double A US cash CLOs resulted in trades, according to several sources, but there was some confusion over the trading levels

CLO bid lists lead to flurry of trades
Around two out of three items on a series of CLO bid lists on Tuesday traded, say market sources, providing evidence of the continued health of the secondary CLO market

LCDX underperforms HY as traders take relative value profits
LCDX underperforms HY as traders take relative value profits

Buyers bid up single A CLOs
A bid list of double A and single A CLOs that was circulated to a small list of potential investors on Thursday resulted in trades for most of the assets

Older vintage CBOs attract premium bids at auction
Further evidence emerged of the strong demand for secondary CLOs in this week’s flood of bid lists

Buyers mop up flood of secondary CLOs
Many of the bonds that were up for auction in yesterday’s four separate CLO bid lists traded at or better than expected prices, according to market sources

Banks buy up CLO triple As
A bid list consisting of four US cash CLO triple As cleared largely at or above aggressive reserve levels, providing further evidence of the robust demand for CLO paper