-
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 -
NewStar CLO a "one-off"
The pre-placement of a US$275m managed CLO, NewStar Commercial Loan Trust 2009-1, grabbed the headli...
News 23 December 2009 -
European expectations
Optimistic outlook for the structured credit and ABS markets in 2010
After a roller-coaster year in structured credit and ABS, European market participants are wary of m...
News Analysis 23 December 2009 -
Permacap bolsters CLO coverage tests
Greenwich Loan Income Fund (GLIF) has acquired a senior secured corporate loan from T2 Income Fund C...
Job Swaps 23 December 2009 -
Euro CLO O/C ratios continue to improve
S&P has released its latest European CLO Performance Index report. The month saw an almost u...
News Round-up 23 December 2009 -
CLO to gain super senior exposures
An amended deed to the collateral management agreement has received the consent of the majority of t...
News Round-up 16 December 2009 -
Change of control for three CDOs
Lincoln National Corporation has agreed to the indirect sale of its subsidiary Delaware Asset Advise...
Job Swaps 16 December 2009 -
Restructuring proposed for crisis-hit MFI CLO
Servicers of the BlueOrchard Loans for Development 2007-1 (BOLD 07-1) microfinance CLO have informed...
News Round-up 16 December 2009 -
NACE mapping explained for SME obligors
Moody's has released a special comment regarding its allocation of industry codes of borrowers/corpo...
News Round-up 16 December 2009 -
CLO manager replaced, staff transferred
Avoca Capital Holdings has entered into an agreement to replace KBC Financial Products (KBCFP) as po...
Job Swaps 16 December 2009 -
EOD cushion improves on rise in asset prices
S&P has published its US Corporate CDO EOD Index, which tracks the performance of CLOs and o...
News Round-up 9 December 2009 -
Participation rights
Jonathan Cohen, ceo of T2 Advisers, answers SCI's questions
Q: How and when did T2 Advisers become involved in the structured credit market? A: T2 Advisers ser...
The Structured Credit Interview 2 December 2009 -
Fortis brings SME loan-backed master trust
Fortis has issued €8bn of notes from its newly-established Esmee Master Issuer programme....
News Round-up 2 December 2009 -
Investors reject CLO documentation changes
The manager of Neptuno CLO I has failed to gain enough investor support to make amendments to the tr...
News Round-up 2 December 2009 -
Manager reaches agreement on note cancellations
A majority of the controlling class of noteholders of KKR Financial CLO 2005-2 has agreed not to cha...
News Round-up 2 December 2009 -
Subordinated CLO management fee waived
New Amsterdam Capital Management has entered into a deed of waiver relating to the subordinated coll...
Job Swaps 2 December 2009