Latest news
Latest news
Spreads on CLO liabilities stay wide, making resets for deals from multiple vintages unattractive
Fund is designed to invest in the equity in Bain’s CLOs, but can also invest in liabilities
Manager trims spreads on CLO’s investment grade tranches in partial refinancing
More articles
More articles
-
Refinancing covers entire capital structure and cost less than a reset -
Further repricing activity expected this year as CLO demand outstrips loan supply
-
George Smith gets the outlook for prime RMBS from Tom Hall and CLO resets from Thomas Hopkins, as a familiar shelf returns to its usual spot in the calendar
-
CLOs partially able to withstand the threat posed by more frequent LMEs
-
Fund will primarily target triple-B rated European CLO notes
-
Market yet to price in resets for deals from H2 2024
-
New CLO managers preparing to enter the market may face slower ramp-ups
-
Manager establishing London-based European BSL CLO platform
-
Deals from the second half of 2024 may not be in the money for resets with triple-A pricing remaining sticky
