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US CLOs pause
The US CLO secondary market looks to be taking time to reflect this week. "It seems like the rally...
SCIWire 12 May 2016 -
Business services exposure gauged
The credit quality of many business services sector issuers has deteriorated over the past year, whi...
News Round-up 12 May 2016 -
Euro secondary still sluggish
Activity continues to be sluggish in the European securitisation secondary market despite the tone r...
SCIWire 12 May 2016 -
Mid-market fund closes
Czech Asset Management has closed its third direct lending fund complex, dubbed SJC III, with total...
News Round-up 11 May 2016 -
US CLOs ebb and flow
The mezz rally in the US CLO secondary market halted last week and that part of the capital structur...
SCIWire 10 May 2016 -
Low-rated CLO risks downplayed
Compared to the overall European high yield universe, a relatively small number of low rated CLOs ex...
News Round-up 10 May 2016 -
Insurers' structured holdings slip
Life insurers held more than US$380bn of structured products securities at the end of 2015, which We...
News 10 May 2016 -
SCI Start the Week - 9 May
A look at the major activity in structured finance over the past seven days
Pipeline Last week's pipeline additions consisted of eight ABS, two RMBS and a single CMBS. The A...
News 9 May 2016 -
Manager replacement in the balance
The trustee for the Strawinsky I CLO has received notice from a class B noteholder disapproving the...
Job Swaps 9 May 2016 -
Post-crisis CLO returns keep momentum
The total amount of CLOs that paid down in JPMorgan's CLO Index (CLOIE) in April was US$3.54bn in pa...
News Round-up 5 May 2016 -
BlackRock names CLO head
Josh Tarnow is taking over as head of BlackRock's CLO and bank loans business. This comes after Lela...
Job Swaps 5 May 2016 -
Brexit risk to Euro CLO performance
The European CLO market has seen €4.44bn in new issuance this year, slightly above the &am...
News Round-up 5 May 2016 -
CLO 2.0 'more resilient'
Post-crisis European CLO triple-A ratings would avoid downgrades even if faced with stresses similar...
News Round-up 4 May 2016 -
Euro CLO equity returns impress
Overall European CLO equity returns have largely been as expected, according to a study by data and...
News Round-up 3 May 2016 -
US mid-market mix emerging
Moody's expects the US mid-market loan sector to increase in variety if the upcoming 2016 to 2020 ma...
News Round-up 29 April 2016 -
Expanding manager debuts Euro deal
BlueMountain Capital Management has closed its first European CLO with €410m in commitment...
Job Swaps 29 April 2016