-
Retention risk
Article 122a leaves investors in quandary
The window for commenting on Article 122a of the Capital Requirements Directive (CRD) is closing qui...
News Analysis 15 September 2010 -
Charter Communications leads CLO manager buys
Charter Communications Holdings led the loan obligation purchases by CLO managers in Q210, according...
News Round-up 15 September 2010 -
Pushing the envelope
Wake-up call for CDO equity investors
The failure to replace the collateral manager on Flatiron CLO 2003-1 and 2004-1 last month (see last...
News Analysis 8 September 2010 -
Limited opportunity
CDO management contracts continue to trade well
Prices for CDO management contracts continue to trade well. The window of opportunity will only last...
News Analysis 8 September 2010 -
CLO credit estimate conversion updated
Moody's is to begin using an updated conversion of credit estimates when communicating rating factor...
News Round-up 8 September 2010 -
CLO cross-investment mooted
Avoca Capital is seeking to purchase - though the Lombard Street CLO it took over from KBC...
News Round-up 8 September 2010 -
CLO equity investor boost?
CDO analysts at Wells Fargo don't expect the US CLO primary market to return in scale until at least...
News 8 September 2010 -
Marginal dip in CLO concentration risk
Obligor concentration risk decreased marginally among S&P's outstanding rated US cashflow CL...
News Round-up 1 September 2010 -
Guggenheim CLO markets with large equity
Guggenheim Partners is marketing a US$600m CLO via Citigroup. The deal includes a US$300m triple-A r...
News Round-up 1 September 2010 -
ICG CLO prices
Intermediate Capital Managers (ICM) priced its ICG EOS Loan Fund I, which will fund the purchase of...
News Round-up 1 September 2010 -
NYLIM CLO takeover bid thwarted
A hostile takeover attempt for two CLOs managed by New York Life was thwarted recently due to voting...
News 1 September 2010 -
Macro CLO hedges suggested
The hedging of CLO risk continues to be challenging, given the absence of a specific instrument that...
News 18 August 2010 -
Tetragon eyes buys away from CLOs
Tetragon Financial Group, the closed-ended investment company that recently bought GreenOak Real Est...
Job Swaps 18 August 2010 -
Strategic alternatives sought for PAM
Primus Guaranty has disclosed that during Q210 it retained Berkshire Capital Securities to advise on...
Job Swaps 18 August 2010 -
Stanfield CLO transfers completed
The Carlyle Group says it has completed the purchase of the management contracts on US$4.2bn in CLO...
Job Swaps 18 August 2010 -
Criteria review to affect Euro SME CLOs
S&P is conducting a review of its assumptions and methodologies used to rate securitisations...
News Round-up 18 August 2010