CDO liquidation prompts heavy trading activity
It was a busy day in the secondary CLO market with over $150 million in CLOs up for grabs and buyers did not disappoint with 45 out of a possible 46 trades going through

US manager launches new CLO with highest leverage post-crisis
An investment bank that has been active in pricing CLOs over the last few weeks is set to hit the market with its fourth CLO in quick succession

Two-part liquidation set to unleash $220 million
A 2005 CDO is set to liquidate over the next couple of days

Secondary CLO market sees soaring bids in afternoon flurry
A whole host of original double B rated CLO paper was on the market yesterday

Blackstone CLO prices with equity slice snapped up by outsiders
Bank of America has closed its second CLO in quick succession

Turbo b-wic charges at high levels
A short three item bid wanted list made up of original double Bs wound up on the secondary CLO market. But these were no ordinary double Bs

Secondary trading shows huge range of CLO equity bids
Results from a b-wic yesterday displayed the two sides of CLO equity for all to see

CLO equity prices continue to rise
As eight b-wics flooded the secondary CLO market yesterday, the stand out trades again encompassed US CLO equity

CLO investors bid up Greyrock CDO junior tranche
Two very different original double B notes made their way onto a bid list yesterday morning (see Creditflux B-wic Tracker 1 December 10am) and cover bids reflected the disparity in the bonds

Energy dominates corporate debt issuance in 2010
The rate of global bond and loan issuance has eased somewhat over the past couple of months from the spike seen in September

Newest CLO set for tightest spreads this year, says S&P
Bank of America is set to price a $480.4 million CLO to be managed by PineBridge Investments in the next few days with the tightest spreads this year

Prices edge higher as US CLOs return to secondary market
Yesterday saw the return of US CLOs en masse to the secondary CLO market and judging by the trading levels, it was as if they’d never been away. A total of seven bwics were due in a day when prices moved higher across the board.

B-wic sees Clock Finance strike a high price
A slice from a rare synthetic SME CDO was on offer yesterday with one investor posting a cover bid in the 90s for a single A rated piece

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

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

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

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