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Investors seek oasis as new issues dry up
US loan issuance has fallen dramatically this year, but many thirsty investors found liquidity in the secondary market or took advantage of plentiful high yield issuance in a record quarter for bonds -
Market rallies as key CLO investor retreats
A key CLO triple A investor dropped back from the market in the second quarter of 2019, but, remarkably, CLO spreads tightened as repricings came back and other investors drove demand5 years ago -
Global CLO league tables at a glance - June 2019 YTD
6 years ago
Global CLO league tables at a glance - June 2019 YTD -
Global CLO league tables at a glance - May 2019 YTD
6 years ago
Global CLO league tables at a glance - May 2019 YTD -
Global CLO league tables at a glance - April 2019 YTD
6 years ago
Global CLO league tables at a glace - April 2019 YTD -
Managers slide down term curve
6 years ago
PGIM and Voya were among managers issuing short dated deals in the first quarter. These CLOs, along with a surge in b-wics, kept up the supply of short dated paper as refinancings fell away -
Global 2019 YTD CLO league tables at a glance
6 years ago
Global 2019 YTD CLO league tables at a glance -
Global 2019 YTD CLO league tables at a glance
6 years ago
Global 2019 YTD CLO league tables at a glance -
Keep calm and buy corporate loans
6 years ago
Calm heads prevailed in 2018. Markets were volatile and risk retention was supposed to cause problems, but there was no need to panic and volumes went on to break records set in 2014 -
Global CLO league tables: new year, new issues
6 years ago
Momentum in the CLO market at the start of 2019 is less forceful than it was at the beginning of 2018 and 2017, on the basis of opening volumes -
Global 2018 CLO league tables at a glance
6 years ago
A snapshot of the overall league tables as of 31 December 2018 -
Global CLO league tables at a glance - October 2018
6 years ago
A snapshot of the overall league tables as of 31 October -
Widening whisks market back to 2017
6 years ago
Right now, CLO volumes are healthy and the list of active managers is steadily growing. But with CLO liability spreads reverting to where they were a year ago, some issuers are a little nervous. -
Global CLO league tables at a glance - September 2018
6 years ago
A snapshot of the overall league tables as of 30 September -
Global CLO league tables at a glance
6 years ago
A snapshot of the overall league tables as of 31 August -
Not a bad time to try your hand at CLOs
In a busy second quarter, CSAM nudged ahead of Carlyle, CLO spreads moved wider for the first time in months, and a posse of established credit managers made the grade in US CLOs -
Investors gain upper hand in doc negotiations
Late June saw the balance of power shift slightly in favour of loan investors, with repricing rates rising and doc terms improving as a glut of borrowers sought to get deals done by the quarter end
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