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Name change for newly-assumed CDOs
Babson Capital Management has confirmed that is has been selected by the controlling class of invest...
Job Swaps 27 January 2010 -
Callidus CDOs get new manager
GSO/Blackstone Debt Funds Management (DFM) is to take over the collateral management duties for all...
Job Swaps 27 January 2010 -
Multi-originator microfinance CLO completed
IFMR Capital has closed a multi-originator securitisation of micro-loans originated by four microfin...
News 20 January 2010 -
Turbo O/C tests delay sequential O/C breaches
Turbo overcollateralisation (O/C) tests may delay the breach of sequential O/C tests, according to a...
News Round-up 20 January 2010 -
Euro CLOs subject to further downgrades
S&P has downgraded 102 tranches in 21 European CLOs. Excluding combination notes, the affect...
News Round-up 20 January 2010 -
Balance sheet CLO restructured
Moody's has withdrawn its ratings and assigned new ones to notes issued by SOLON 2009-1. The action...
News Round-up 20 January 2010 -
Broker expands in credit sales and trading
Cantor Fitzgerald has added eight experienced professionals to its debt capital markets business, un...
Job Swaps 20 January 2010 -
CLO eligibility criteria questioned
Bank of New York Mellon, the collateral administrator on the Bacchus 2006-1 transaction, has informe...
News Round-up 13 January 2010 -
Strong opening
Euro ABS spreads driven tighter
The European secondary ABS market witnessed a strong start to 2010, with continued tightening in spr...
News Analysis 13 January 2010 -
CDO survey reveals primary market optimism
The results of a recent investor survey confirm industry expectations that a primary market...
News 13 January 2010 -
Technology briefs
Vendor signs up for ASF LINCClear Capital has updated its systems to accept the American Securitizat...
News Round-up 13 January 2010 -
MV CLO reduces funding costs
The Avoca Credit Opportunities market value CLO has issued an unrated €30m Class E-7 subor...
News Round-up 13 January 2010 -
CLO Class Bs cancelled
Moody's has determined that the purchase and cancelation of €2m notional of Egret Funding...
News Round-up 13 January 2010 -
Dutch CLO notes repurchased
The issuer of Scute Bali has bought back €205.8m of the Class A notes. Scute Bali is a &am...
News Round-up 13 January 2010 -
Leveraging experience
Sara Bonesteel, head of alternative products, and Mike Collins, senior investment officer and credit...
Q: How did Pramerica become involved in the structured credit market? SB: Pramerica has been involv...
The Structured Credit Interview 23 December 2009 -
Royal Park SPV to begin arbitrage issuance programme
S&P has assigned an A-1+ credit rating to the short-term notes to be issued by Royal Park In...
News Round-up 23 December 2009