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Real money leads CLO bid
Based on public BWIC data, structured credit analysts at JPMorgan estimate that approximately US$6bn...
News 2 September 2009 -
112 Euro CLO tranches on review
Fitch has placed 112 mezzanine tranches from 23 European CLO transactions on rating watch negative....
News Round-up 2 September 2009 -
Two Swiss asset managers merge
Alpstar Capital has replaced Mignon Genève as investment adviser to the Alpstar funds and i...
Job Swaps 2 September 2009 -
Rating actions for cancelled KKR CLO notes
Moody's has taken a number of rating actions on the KKR Financial CLO 2005-1, 2005-2 and 2006-1 tran...
News Round-up 26 August 2009 -
Permacap profits from new investment policy
Carador has announced that, as of 31 July, the unaudited net asset values per share were €...
Job Swaps 19 August 2009 -
Avoca participation agreements novated
The selling institutions in certain participation agreements entered into with the issuers of the Av...
Job Swaps 19 August 2009 -
Greek CLO rated
Details have emerged on Synergatis, a new €2.3bn Greek balance sheet CLO for Marfin Egnati...
News Round-up 19 August 2009 -
Litigation weighs on US CLO managers
A survey of 134 US CLO managers undertaken by S&P shows that 28.4% of the managers are curre...
Job Swaps 19 August 2009 -
Euro CLO triple-C exposure still rising
S&P's latest European CLO performance index report shows that three of its four CLO cohorts...
News Round-up 19 August 2009 -
CLO deconsolidation ups manager's profits
Deerfield Capital has reported a gain of US$29.6m net income during Q209 due to the deconsolidation...
Job Swaps 19 August 2009 -
Westchester CLO retranched
Preliminary triple-A ratings have been assigned to Blue Wing Asset Vehicle Series 2009-1's US$96.05m...
News Round-up 19 August 2009 -
Overweight on AA/A CLOs recommended
Structured credit analysts at JPMorgan have upgraded to overweight on double-A and single-A CLOs. Th...
News Round-up 19 August 2009 -
SME CLO tranches on review
Fitch has placed 262 tranches of European SME CLOs on rating watch negative (RWN) and affirmed 102 t...
News Round-up 19 August 2009 -
CLO evolution
European repack market gains momentum
The development of a repackaged CLO market in Europe is gathering pace. Following a number of recent...
News Analysis 5 August 2009 -
Performance test
CLO managers find new ways to improve overcollateralisation ratios
Rising defaults mean that there is increasing danger of CLOs failing their performance tests. In the...
News Analysis 5 August 2009 -
Derivatives partner appointed
International law firm Jones Day has hired Joel Telpner as a partner in its banking & financ...
Job Swaps 5 August 2009