AIB sells European CLO business
Allied Irish Banks has sold the four CLOs it manages, totalling €1.7 billion, according to notices sent to investors

Structured credit specialists move to New York-based broker
Two structured credit specialists have moved to New York-based broker the Seaport Group

Former Bear structured credit specialist returns to London market
A former Bear Stearns managing director is returning to the credit market in London

Churchill Pacific acquisition prompts merger speculation
Resource America has won the long fought battle to buy Los Angeles-based CLO manager Churchill Pacific

Rapid CLO supply leads to more secondary market trades
CLO supply continues to flow in the secondary market with six bid wanted lists circulating yesterday

Sequel to Tricadia CDO liquidation draws in high bids
The second and final part of Tricadia 2005-03’s liquidation occupied another busy day of secondary CDO market trading yesterday

We didn’t mislead CDO investor, former Barclays structurer tells court
Former Barclays Capital credit structurer Antonio Agresta testifies to a UK court

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

C-Bass filing may herald CDO chapter 11 stampede
The decision of C-Bass to file for bankruptcy on Friday may be just the start of a trend for CDO managers to file for bankruptcy, say market sources

Dublin’s Key Capital off-loads CLO equity
Dublin-based Key Capital is understood to be the source of one of the few bid lists of European CLO equity that have circulated recently

Bank scoops up rare batch of vintage CBOs
There was said to be strong interest yesterday in a rare block of older vintage CBOs, with one investment bank said to have scooped up at least half the positions in the hope of offloading them to customers

Rare vintage CBO b-wic trades well, traders say
Last Thursday a rare four name b-wic was sold comprising older vintage CBOs dating as far back as 1999

Secondary CLO prices shrug off broader market falls
Traders report that CLO prices are generally flat as the product's value has resisted a correction in the broader credit markets.

Older vintage CLO auction produces better than expected demand
A bid list on Friday consisting mostly of older vintage cashflow CLOs and CBOs saw stronger demand from investors than expected, say CDO analysts

CRE CDO bid list hints at SIV portfolio sale
A bid list that circulated this week looks familiar

New York manager buys French bank's CLO business
A New York-based credit manager is buying a CLO management business from French bank Calyon along with the equity in several deals