New CLO gets up-sized to $673.7 million, just days after pricing
A new CLO has been up-sized after the pricing date following strong demand. It also takes the title of largest CLO of the year

Morgan Stanley tranches up new CLO as $621.8 million deal prices
Morgan Stanley priced a $621.8 million CLO late on Monday, with deal's capital structure getting sliced and diced

Goldman Sachs prices a $430 million CLO after structural tweaks
Goldman Sachs has priced the fifth CLO of the year,

Counterparty risk and funding: putting things together
Stéphane Crépey proposes an integrated mathematical approach to the related pricing, hedging/collateralisation and funding issues of CVA

Power producer warns of loan restructuring over pricing dispute
A US power company says the federal energy regulator must rule soon on alleged mishandling of market prices if one of its electricity plants is to stave off bankruptcy

CLO investor completes a clean sweep of trades
CLO b-wics have been something of a rarity this week but one seller managed to trade an entire bid list totalling $11.85 million yesterday

Bubble wrap maker pops wider on acquisition news
Credit default swaps referencing Sealed Air Corp have gapped wider today by 55bp to 208b

Investor appetite for CLO equity pushes secondary prices higher
Bidding on US CLO equity and European mezzanine saw the secondary CLO market spark back into life yesterday

Deutsche prices new CLO for New York manager
Deutsche Bank today priced the new CLO that it has been marketing in recent weeks, according to buy-side sources

Have things calmed down yet? borrowers rush to raise high yield bonds
After a week and a half of much more stable credit markets, corporates rushed yesterday to bring new high yield bond issues on both sides of the Atlantic

Sovereigns outperform as week opens wider
Sovereign credits are trending tighter today at the expense of corporates, with iTraxx Europe and Crossover both slightly wider at the week’s outset

Banks and asset managers look to sell $430 million of CLOs
A flood of CLO bid lists hit the secondary market this week as holders looked to take advantage of the recent run-up in prices to offload mainly triple A and double A paper

Asian investor scoops up CSO equity
An unnamed buyer from Asia payed what is described as a strong price for at least two CSO equity tranches that have a heavy bias towards Asian credits

Belgian group takes larger-than-expected structured credit hit
Belgian group takes larger-than-expected structured credit hit

The age of restructuring
Bespoke volumes continue to fall, with much new CSO activity said to be driven by restructuring of existing trades. But the index tranche business remains in rude health

Deal slow-down hits Moody's revenues
Deal slow-down hits Moody's revenues

Ambac and MBIA worsen amid Buffett offer
Buffett's offer rebuffed at one monoline.

Ambac's moves to keep AAA ratings push out CDS
Ambac Financial Group's capital raising plan extends CDS