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Deal means 2024 will break 2021's record for middle market CLO issuance
Fair Oaks first listed the product in Germany
Both managers had to widen guidance in certain parts of the capital stack
The secondary market has tightened more and is riskier than it looks
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CLO investors have shrugged off geopolitical concerns and are focused on rates
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Triple-A tranches are edging tighter basis point by basis point
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Minimising tail risk is a priority for the new manager, said Jacob Walton, co-head of euro CLOs
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Investors shrug off geopolitical concerns after volatility
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UBS hires Biliana Barboutova and promotes Michael Abraham to vice-chairman
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Mining, industrials and chemicals flagged as sectors ripe for debt-funded consolidation