Holder kicks back bids for European mezz CLOs
A London-based money manager kicked back mid-20s to high-30s bids on several European mezzanine cashflow CLO bonds that it tried to sell this week

CLO manager consolidation picks up as Ares buys Allied
The credit market is seeing further CLO manager consolidation with news that Ares Capital is to acquire Allied Capital in and all-stock transaction valued at $648 million

Manager plans $300 million CDO liquidation
A New York-based asset manager is preparing to liquidate a $750 million CDO of ABS next week, including a sizeable number of CDO holdings

Mooted sale may herald start of CLO manager consolidation
Market sources say that an owner's reported plans to its CLO management unit could be a first indication that the pace of CLO manager consolidation is picking up

Manager seeks to offload CLO tranches
A CDO manager has put out its own bid-wanted-in-competition list for today at 11 am New York time comprising a series of bonds managed by respected CLO managers

CLO-squared liquidation will test mezzanine CLO demand
A 2005 vintage CLO will liquidate today test demand for CLO mezzanine tranches

Large blocks of CDOs hit the market as high-grade CDO liquidates
Highland Capital Management’s Tierra Alta Funding, a $2.5 billion high grade ABS CDO will be liquidated this week with bids for the transaction’s CDO bucket due today

CBO trades as buyers re-appear
CBO trades as buyers re-appear

Senior CBOs trade in 90s
On Friday 31 July, a four-line bwic of CBOs had bids due

Buyers pick off piking CLO tranches
All the bonds from last Friday’s bid list of mezzanine CLO tranches traded, according to market sources

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

Bank loses structured credit specialists
Several members of structured products group depart firm

Structured credit supremo leaves bank
Market sources say that a North American bank has parted company with its former global head of structured credit products

Dinosaur snaps up credit traders as it expands agency brokerage
Dinosaur snaps up credit traders as it expands agency brokerage

Manager wins early euro CDO replacement mandate
A Chicago-based credit specialist has announced that it has won a mandate to take over as manager on an early European CDO

Short-life senior CBO tranche changes hands
A $2 million first pay piece of a 2001 CBO traded last week according to market sources

New York broker hires sales team from Winter Group
New York broker hires sales team from Winter Group

High yield recovery rates may fall to low teens
High yield recovery rates may fall to low teens

ABS CDO tranche may have traded above 40 points
Eastman Hill Funding I, a triple A tranche of a CDO of ABS underwritten by UBS in 2001 and managed by TCW, traded off the Sigma SIV liquidation earlier this month

High profile CDO originator leaves bank for new role
High profile CDO originator leaves bank for new role

Asset manager hires veteran structured credit marketer
Asset manager hires veteran structured credit marketer

Senior credit derivatives figure leaves Dutch bank
Senior credit derivatives figure leaves Dutch bank

French bank loses EM trader
French bank loses EM trader

Former EM trader becomes co-head of credit at Deutsche Bank
Former EM trader becomes co-head of credit at Deutsche Bank