Latest news
Latest news
Deal’s structure includes junior and senior triple-A rated tranches and removes fixed-rate tranche from 2021 reset
CLO mezz tight but seniors stuck, another specialist lender collapses
With equity returns under strain, managers would do well to slow the pace of CLO issuance
More articles
More articles
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Triple-A rated notes' pricing widens by 36bp from CLO's first reset in 2019
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Manager increases deal’s size and tightens triple-A spreads by 2bp relative to the original deal
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Manager opts for dual currency structure in deal that allows interest on double-A rated notes to be deferred
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Deal’s triple-A rated notes price 1bp tighter than Redding Ridge’s previous transaction
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Credit quality of loans in CLO portfolios becomes increasingly important following the first CLO 2.0 liability impairment
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CLO mezzanine investors are paid high spreads precisely because impairments are a possibility
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Triple-As on Bridgepoint's latest deal come 4bp wide of the same notes on the manager's previous deal
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Eight CLOs are in the pipeline as favourable spreads drive market activity
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Refinancing excludes single-B rated notes as junior mezzanine spreads stay slightly wider