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Global CLO b-wic round-up: secondary CLOs rally but dispersion persists
4 years ago
The US CLO secondary market rallied, and spreads compressed last week, but there are still several outliers -
Beneath the triple C: downgrades hold steady as Travelport loses its luggage
4 years ago
For the second month in a row downgrades to triple C steadied, with just under $9 billion of CLO loans falling to this rating across 34 corporate borrowers -
Who’s got the moves Europe: CLO managers enjoy climb of Everest
5 years ago
The European S&P/LSTA Leveraged Loan index enjoyed a strong month in April as it rose from 83 of par on 1 April to 89.2 by the end of the month. The index closed at 89.4 on 4 May to start the week -
Investcorp prices triple As at 110bp in European new issue
5 years ago
The global issuer prices its second new deal in Europe -
Global CLO round-up: what goes around comes around
6 years ago
It is no news that spreads are reverting back to the elevated levels of last year and, with each new deal pushing the market wider, the rolling three-month term curve in the US has been forced to stretch and move left, right and centre. -
Ares lays down a marker with 85bp CLO triple A print as European spreads widen
6 years ago
After pricing a benchmark CLO at the start of the year, Ares Management is back in the primary market after pricing Ares European CLO X today -
PGIM strikes while the iron's hot as it markets another new CLO
8 years ago
PGIM is looking to continue its hot streak in the CLO primary market with sources indicating that the asset manager is marketing a €415.7 million deal -
GSO Capital pools retention vehicles as it debuts MOA
8 years ago
GSO Capital has launched its first globally risk retention compliant CLO, it has emerged
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