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Euro SME CLOs stabilising
European SME CLO transaction performance is continuing to stabilise or improve across all jurisdicti...
News Round-up 10 June 2011 -
Down-time for Euro CLOs
The European CLO market appears to be entering a quiet phase as macro events begin to dent investor...
Market Reports 8 June 2011 -
CLO assignment proposed
DiMaio Ahmad Capital (DAC) is proposing to assign its rights as collateral manager on the Duane Stre...
Job Swaps 8 June 2011 -
Euro CLO credit quality improves
The portfolio credit quality of the average European leveraged loan CLO is improving, according to F...
News Round-up 7 June 2011 -
SME CLO criteria updated
Fitch has updated its rating criteria for CLOs backed by SMEs loans. The agency has reduced several...
News Round-up 7 June 2011 -
CLO unaffected by WARF constraint mods
Modifications to the maximum weighted average rating factor (WARF) constraint in the 80 existing tra...
News Round-up 31 May 2011 -
Credit hedge finds
Funds take advantage of evolving opportunities
New credit hedge funds continue to enter the market. At the same time, the opportunity set in the st...
News Analysis 27 May 2011 -
Bid-list madness for Euro CLOs
The European CLO market has been inundated with bid-lists this week, with mostly mezzanine paper up...
Market Reports 25 May 2011 -
New issue CLO equity returns: the impact of declining loan spreads
Andrew Jacobs, associate director at Moody's Analytics, finds that declining loan spreads can impact...
Relative to historical levels, recent new issue CLO deals have featured high subordination, high tra...
Research Notes 19 May 2011 -
Permacap adds director
Greenwich Loan Income Fund has appointed James Carthew to its board as a non-executive director. He...
Job Swaps 18 May 2011 -
Balance sheet CLO performance praised
Moody's has commented on the outstanding credit performance of bank balance sheet CLO transactions d...
News Round-up 16 May 2011 -
Euro CLO market taking hold
The European CLO market is entering into a more stable and constructive period as spreads remain at...
Market Reports 16 May 2011 -
CLO analytics tool launched
Thomson Reuters has launched LPC Collateral, a data and analysis-driven solution designed to improve...
News Round-up 16 May 2011 -
Policyholder group reply filed
The policyholder group on Friday filed its reply brief with the New York Court of Appeals in Albany...
Job Swaps 16 May 2011 -
Symphony CLO takes shape
Further details have emerged about Symphony Asset Management's forthcoming CLO, Symphony CLO VII. Ar...
News Round-up 13 May 2011 -
Pace of CLO principal payments changing
US cashflow CLO managers are increasingly looking to increase WAL tests in the transactions they man...
News Round-up 12 May 2011