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CLO hit by occurrence of cause
Nomura Corporate Research and Asset Management has notified the trustee and preference shares paying...
Job Swaps 8 August 2011 -
Structured credit may provide 'safe-haven'
Assets that were once deemed responsible for the spread of the global financial crisis in 2007-2009...
News 5 August 2011 -
Euro CLO market silenced
The European CLO market has had a very quiet couple of weeks as macro headlines continue to cause co...
Market Reports 4 August 2011 -
Participations increasing in CLO refis
Refinancing older CLOs by transferring assets to new transactions appears to be gaining traction. In...
News 3 August 2011 -
Call for Dodd-Frank CLO exemption
The Loan Syndications and Trading Association (LSTA) has submitted to joint regulators a comment let...
News Round-up 2 August 2011 -
'Zombie' threat
Bankruptcy-remote concept challenged
Strategies to resolve 'zombie' CDOs come in many forms. But the latest to hit the market -...
News Analysis 28 July 2011 -
Lehman CLO supply anticipated
Lehman Brothers Holdings has entered into an agreement with WCAS Fraser Sullivan Investment Manageme...
Job Swaps 28 July 2011 -
Healthy US CLO issuance to continue
The pace of new US CLO issuance will likely remain healthy for the remainder of 2011, with little br...
News Round-up 28 July 2011 -
Consent received for GSC assignment
All consents required for GSC Partners Gemini Fund, GSC Partners CDO Fund II and GSC Partners CDO Fu...
Job Swaps 27 July 2011 -
Key-man vote adjourned
The meeting of Faxtor ABS 2005-1 class C noteholders on 22 July to vote on key-man provisions (SCI 5...
Job Swaps 26 July 2011 -
Fund sub-advisory agreement ended
Invesco Advisers has announced that it is to assume sole responsibility for managing the Invesco Van...
Job Swaps 25 July 2011 -
Securitisation race heats up
At the halfway point of 2011, with close to US$140bn of qualifying deals counted, the race is heatin...
News Round-up 22 July 2011 -
GSC transfer confirmed
An investor notice for the GSC European CDO I-R, II and V transactions confirms that the sale of GSC...
Job Swaps 21 July 2011 -
Lengthy lull
Recruitment slowdown to stretch beyond summer
The year started well for the structured finance job market, but activity dropped away a few months...
News Analysis 20 July 2011 -
Saratoga management team enhanced
Saratoga Investment Corp has appointed Michael Grisius as md and cio of Saratoga Investment Advisors...
Job Swaps 20 July 2011 -
CypressTree CLO offloaded
Acis Capital Management has been appointed successor collateral manager on Hewett's Island CLO I-R....
Job Swaps 19 July 2011