Older vintage European CLO attracts high secondary bids
A large bid list of mezzanine tranches of European CLOs traded yesterday

CLOs trade in CDO-squared liquidation
All bonds apparently traded from this week’s big CDO-squared liquidation, structured credit traders say

CLO portfolio liquidation meets strong demand
December normally is a month when bond prices drop and CDO buyers wait for desperate sellers. This was not the case last Wednesday when a CDO squared liquidated its portfolio of CLOs

Go long Deutsche and short Commerzbank risk, say traders
Going short risk in Commerzbank and long risk in Deutsche Bank is a strong medium term fundamental play, one (non-German) bank credit trading desk claims today

Several financials' tender offers in the works, notes BNP
Several financials’ exchange offers are on the back burner this month.

SIV notes recover at 71 after better than expected liquidation
Receivers for a defunct SIV confirmed in a regulatory filing that the liquidation of its collateral has been concluded

CLO bid list response points to weakening demand
Traders report that secondary prices for triple A CLOs appear to be trending lower over the course of this month

Latest CDO of ABS bid list could see bids in single digits
At least one dealer has a three item cash ABS CDO bwic shown in the market, with bids at 11am New York time today

Bank touts rare old-vintage CBO repack
An investor is looking to sell a portfolio of old-vintage CBOs in the form of a repackaged note

Attractive opportunity arises with Lloyds/HBOS merger
Market participants encountered an opportunity yesterday with the confirmation of the Lloyds/HBOS merger.

European bank puts €10 billion of structured credit assets into new vehicle
Fortis said that it would put just over one-quarter of its €39.5 billion structured credit portfolio into a special purpose vehicle

GoldenTree brings new CLO
GoldenTree Asset Management has brought to market GoldenTree Loan Opportunities IV with Deutsche Bank as arranger

Brookfield vehicle slashed its subprime exposure in Q4 2006
Brookfield vehicle slashed its subprime exposure in Q4 2006

LBO fever drives single names trading
LBO fever drives single names trading

TABX activity revives as index stabilises
TABX activity revives as index stabilises

ABX active basket rallies as New Century bombs
ABX active basket rallies as New Century bombs

Retail names widen on LBO rumours
Retail single name credit Sainsbury moved wider again yesterday to on reports the supermarket group could receive an £11 billion bid within a week.