Refine Search
Article Categories
Strategy Tags
- ABS (4)
- Direct lending (2)
- Distressed (2)
- High yield bonds (2)
- Investment grade credit (1)
- Structured credit (4)
- CLO (remove)
- Leveraged loans (10)
- Marketplace lending (1)
- Private credit (6)
Geography Tags
-
GoldenTree and Partners print European CLOs with 185bp triple As
2 years ago
European CLO triple As have tightened further to 185 basis points over Euribor with both Partners Group and GoldenTree Asset Management pricing deals Friday afternoon -
Euro CLO market re-opens as HPS breaks new issue duck with triple As at 205bp
2 years ago
HPS Investment Management has become the first European CLO issuer of the year, pricing Aqueduct European CLO 7-2022 and shaving off 10bp off triple A price guidance -
Blackstone's new Euro CLO volumes pass €1 billion for 2022
2 years ago
Blackstone Credit's new European CLO volumes for 2022 passed €1 billion on Friday after it priced its third new issue named Edmondstown Park CLO -
Fitch raises European default rate assumptions with loans in tougher spot than bonds
2 years ago
Analysts at Fitch Ratings have raised their base-case leveraged loan default rate for end-2023 in Europe to 4.5% from 3.5%, and their severe-case rate to 6% -
Investors scoop up €228 million of senior European CLOs after record b-wic
2 years ago
Record European CLO secondary volume has been easily digested, with a large $228.2 million b-wic on Tuesday providing a prime example -
Euro CLOs demonstrate "considerable resiliency" to upcoming CLO maturity wall, says S&P
2 years ago
Managers and investors should keep an eye on upcoming CLO maturity wall with “potential adverse effects” amid tighter financing conditions and the impact that could have on CLO performance and ratings -
Euro CLO mezz widens but seniors hold firm as BlueBay and Sound Point price new issues
3 years ago
BlueBay Asset Management and Sound Point Capital Management became the latest CLO managers to price European new issues -
KKR matches CSAM senior notes in Euro CLO refi, but goes tighter with mezz
3 years ago
JP Morgan has arranged a refinancing of KKR's 2016 European CLO Avoca XVII, which has around 2.2 years left of reinvestment with its non-call ending next February -
CSAM refis European CLO with two-year triple As at 82bp
3 years ago
The CLO’s triple As priced at 82 basis points over Euribor, down from 95bp, in line the deal’s most recent guidance but wider than the 77-79bp original guidance -
PGIM expands all debt classes with Euro CLO reset
3 years ago
PGIM has reset a European CLO it signed late last year, greatly increasing the size of the deal in the process -
BNP Paribas AM cuts CLO tranche costs throughout structure with refi
3 years ago
=BNP Paribas Asset Management has refinanced a 2019 Euro CLO, arranged via its banking arm, with tightening across all tranches -
Partners goes long again with five-year European CLO
3 years ago
-Partners Group has priced its latest European CLO, named Penta CLO 10 -
Lower mezz grinds tighter with Blackstone's first European CLO since rebrand
4 years ago
Blackstone Credit has priced its first European CLO since it rebranded from GSO Capital Partners last month. Bank of America arranged the new €323.5 million deal, named Marino Park CLO -
Chenavari returns to CLO primary with first new issue in 16 months
4 years ago
Chenavari has returned to the CLO primary market with its first new issue deal since July 2019 -
European triple As tighten to 106bp with CVC benchmark CLO
4 years ago
CVC Credit Partners priced its latest European CLO on Friday, securing the tightest triple A print since the March sell off -
Napier Park completes second euro CLO post-covid
4 years ago
Napier Park Global has priced its second European CLO post-covid, teaming up with BNP Paribas to issue the €353 million Henley CLO III on Wednesday -
Investcorp completes second largest European CLO since March sell-off
4 years ago
Investcorp has upsized its latest European CLO since marketing, with the manager pricing a €419.6 million transaction -
CVC sets new triple A benchmark for Euro CLOs at 110bp
4 years ago
Triple A spreads continue to grind tighter with CVC pricing notes on CVC Cordatus Loan Fund XVIII today with a Euribor plus 110 basis points discount margin -
CLO triple As expected to tighten to low 120s as CVC markets European deal
4 years ago
CVC Credit Partners is marketing a European CLO with triple As guided at Euribor plus 120 basis points to 125bp -
OC health check: eight CLOs report second month of test failures
5 years ago
20 CLOs reported overcollateralisation test failures last week, of which 12 were new breaches while eight were deals were failing for a second reporting period in a row -
Triple A spreads widen by over 30bp since February as CSAM prices euro CLO
5 years ago
European CLO spreads have blown out to their widest levels in almost four years. Sources say that Credit Suisse Asset Management priced its latest deal, named Madison Park Euro Funding XV, today with the triple As clearing at a blended spread of 122.68 basis points over Euribor -
European CLO single Bs jump to 1,100bp with GSO deal - but seniors hold firm
5 years ago
Junior European CLO spreads have slumped, with GSO Capital Partners pricing new issue single Bs at 1,100 basis points on Friday -
PGIM brings first European CLO to brave coronavirus sell-off
5 years ago
PGIM has priced the first European CLO following the market selloff triggered by the coronavirus outbreak, according to market sources -
PGIM revises price talk as European CLO spreads jump wider
5 years ago
Price talk has been hiked up for PGIM’s forthcoming European CLO, Dryden 74 Euro CLO 2018 following coronavirus-related market volatility -
Voya matches European CLO triple A tights and offloads single Bs
5 years ago
92 basis points is the spread to beat in Europe for triple-A tranches, as Voya Alternative Asset Management brought its third CLO on the continent, Voya Euro CLO III, via Credit Suisse
Want all the latest news, comment, analysis and data?