Search results
8 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
- High yield bonds (remove)
- Investment grade credit (1)
- CLO (5)
- Distressed debt (2)
- Leveraged loans (remove)
- Synthetic/SRT (1)
Geography Tags
-
Beneath the triple C: CLOs take first knock since covid scrapes
3 years ago
CLO managers have been hit by a number of loan downgrades to triple C for the first time since the wave of pandemic-related cuts trickled to a halt in early 2021. Companies indirectly linked to the health sector suffered most in May -
Beneath the triple C: 13 CLO loans take a dive but defaults subside to a ripple
4 years ago
22 corporate debt issuers were downgraded to triple C or below in November and December by Moody’s or S&P, out of which 13 can be found in CLO portfolios – hurting $4.55 billion of US CLO loans, €1.87 billion of European CLO portfolios and almost $80 million of middle market CLOs loans, according to CLO-i -
Europe leads corporate credit rally, but US outperforms in CLOs
4 years ago
iTraxx Crossover has been the CDS market's outperformer this week, tightening over 30 basis points, or 11.4%, to trade at 235bp today. But in the CLO market, US deals have come out on top thanks to a BlackRock CLO that priced its double Bs at some of the tightest levels this year -
Beneath the triple C: downgrade rate slows as $8 billion of CLO loans tumble
5 years ago
May offered some respite to CLO portfolios as corporate downgrades to triple C were reduced heavily - affecting just $6.67 billion of US CLO paper and €1.09 billion of European CLO portfolios -
If history repeats itself, the best CLO play could be to hold equities
5 years ago
After a futile scramble for liquidity, LyondellBasel filed for bankruptcy in the early morning hours of 6 January 2009. Bad luck for CLO managers that were holding the loan? Not at all -
CIFC brings in former Ares official to its board of directors
11 years ago
CIFC Asset Management has announced that Jeffrey Serota has been appointed to its board of directors -
Former GSC head’s new firm drops CLO plan
11 years ago
Start-up abandons CLO plans and parts company with structured credit official -
Columbus Nova snaps up controlling stake in CIFC
11 years ago
CIFC has today announced that Columbus Nova, one of its largest shareholders, will acquire a controlling stake in the company.
8 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?
