HPS sets new benchmark for CLO triple A pricing after resetting 2014 deal
Senior US CLO spreads continue to grind tighter with HPS Investment Partners yesterday resetting a 2014 deal and in the process achieving a 118 basis point print on its triple As

Apollo to exit 1.0 era with a bang as it prepares CLO redemption
Apollo is preparing to redeem the last of its outstanding 1.0 CLOs

Deutsche Bank prices Europe's first marketplace lending securitisation
Deutsche Bank has completed the first securitisation of European marketplace lending loans, after pricing a £129 million ($189 million) deal on Friday.

California pension fund goes on the look-out for credit managers
The $189 billion California State Teachers' Retirement System (Calstrs) is looking to add credit managers to its roster.

Boutique manager's investment style helps it price CLO triple As tight
A credit manager priced only its second CLO yesterday. But it looks to have already drawn a strong following among triple A CLO buyers

Wells Fargo gets to work on CLOs for two contrasting managers
Wells Fargo is currently in the market with a couple of CLOs for managers with a different approach to the product

First three months of 2013 see record breaking CLO total
With spreads at record tights, the first quarter of 2013 shattered the post-crisis high for volumes and brought a $100 billion-plus total for the year within reach

Arranger beats the weather to price a $315 million CLO
Hurricane Sandy has disrupted the credit markets this week but could not prevent one arranger from pricing a CLO

European managers dump senior bank debt ahead of bail-in rules
Asset managers in Europe and the UK are dumping senior unsecured bank debt ahead of new regulations

Stress testing your cocos
Joao Garcia and Nicola Pede look at how to value cocos and argue that the valuation model should cater for related equities and CDS being stressed by a systemic event

UK credit sees biggest CDS volume increase in June
A UK energy company saw the biggest increase in outstanding net credit default swap volumes of any credit, according to data from DTCC

Cracking the coco pricing conundrum
By drawing paralells between cocos and credit derivatives, it is possible to put a rough price on cocos – and a limit on coco issuance

In defence of the Gaussian copula
It’s been called the model that killed Wall Street, but Jean-David Fermanian argues that the structured credit market’s Gaussian copula model has been unfairly maligned

Apidos - Credit’s true believers
Few CLO managers can boast they have never failed an OC test. Apidos can, and it wants the world to know about its track record

UK bank adds £189 million of write-downs
Lloyds TSB announced a further £189 million ($375 million) P&L hit for the first half of 2008, on top of the £396 million it had already disclosed in May

Managed synthetics grow up
Managed synthetics grow up

Traders look at Casino but decline to place bets
Despite a weaker tone in equities today European credit spreads largely maintained Friday’s levels

Rumour mill stokes paper spread widening
Rumour mill stokes paper spread widening