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Euro CLO triple-C assets drop, defaults rise
S&P's European CLO performance index report for July shows that all four of its CLO cohorts...
News Round-up 23 September 2009 -
Permacap reports
Permacap Carador has reported that, as at the close of business on 28 August 2009, the unaudited net...
Job Swaps 23 September 2009 -
Equity injections for market value CLOs
Two market value CLOs - the Avoca Credit Opportunities and OHA Finlandia Credit Fund deals...
News Round-up 16 September 2009 -
Vendor adds CLO coverage
CDO Software has expanded its coverage into the CLO market and signed up Pearl Diver Capital. The in...
News Round-up 16 September 2009 -
Continued spread tightening expected for CLOs
Structured credit analysts at JPMorgan expect US CLOs to benefit from the solid gains made in credit...
News 16 September 2009 -
Analytics platform expands asset coverage
The ABSXchange structured finance analytics platform has been upgraded with a complete cashflow mode...
News Round-up 16 September 2009 -
Barclays completes bumper Euro CLO
Moody's has assigned a triple-A rating to €4.6bn of notes issued by Setter Capital CLO. Th...
News Round-up 16 September 2009 -
CDO EOD surveillance methodology updated
S&P has updated its surveillance methodology for cashflow and hybrid CDO transactions. The m...
News Round-up 9 September 2009 -
CLO triple-C buckets: key variations in terms and performance
Mark Froeba, director at PF2 Securities Evaluations, finds that triple-C bucket variations pose a si...
Even before last autumn, when the financial crisis spread to the wider economy, there was much specu...
Research Notes 9 September 2009 -
German CLOs face rising delinquencies
Corporate delinquency and default rates for German balance sheet CLO transactions have risen notably...
News Round-up 9 September 2009 -
Stable performance outlooks for Asia Pacific
Fitch reports that the majority of rating outlooks are stable for structured finance (SF) tranches w...
News Round-up 9 September 2009 -
Manager change for Ivory CDO
Lyxor Asset Management has taken on collateral management duties for Ivory CDO - a deal or...
Job Swaps 9 September 2009 -
Motivation shift
Repo-driven CLO issuance drops as banks refocus priorities
The once-popular funding method whereby banks structured balance sheet CLOs and CDOs to repo with th...
News Analysis 2 September 2009 -
Valuation question
Pricing still causing investor concern
Despite improving market conditions, structured credit investors continue to report serious valuatio...
News Analysis 2 September 2009 -
Enhancements made to surveillance tool
S&P has released Version 2.18 of its ABSXchange platform (see also SCI issue 148). New enhan...
News Round-up 2 September 2009 -
Real money leads CLO bid
Based on public BWIC data, structured credit analysts at JPMorgan estimate that approximately US$6bn...
News 2 September 2009