Latest news
Latest news
Manager prices refinancing for investment-grade tranches of Toro European CLO 9
Credit quality diverges between CLOs and private credit. UK auto ABS thrives but FCA redress scheme hits Blue Motor Finance
Triple-A rated notes priced in line with recent deals, but transaction has longer non-call period
More articles
More articles
-
◆ Fast money reverses out of SSA bond market ◆ CLO managers face risky ramp startegy ◆ Corporate hybrid bond market runs hot despite volatility -
Manager tightens spread on triple-A rated notes by 23.5bp compared with the original deal
-
Lower loan prices offer higher equity returns but managers face rally risk once deals are priced
-
Despite the allure of lower loan prices, CLO managers should print deals cautiously
-
Triple-A pricing widens by just 8bp from previous deal, in spite of the Iran war
-
Software loan sell-offs and the Iran war have caused US and European loans to price differently
-
Manager adds almost €100m across the CLO's capital structure
-
The triple-A rated notes' spread widened by 25bp compared to the original deal
-
Spreads on CLO liabilities stay wide, making resets for deals from multiple vintages unattractive
