Latest news
Latest news
Changing issuance patterns, tight mezzanine spreads and investor demand deliver bumper crop of deals
Deal follows Macquarie's acquisition of Spire, which issued previous Aurium CLOs
Pim van Schie, a portfolio manager at Neuberger, discusses rising investor appetite for CLO mezzanine tranches
More articles
More articles
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Manager opts for dual currency structure in deal that allows interest on double-A rated notes to be deferred -
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
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Triple-A pricing widens by 49bp relative to the original deal
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Refis, resets and new issues all on offer as Five Arrows, Apollo, Neuberger Berman, Ares and Oaktree price deals
