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Derivatives partner appointed
International law firm Jones Day has hired Joel Telpner as a partner in its banking & financ...
Job Swaps 5 August 2009 -
US CLOs resume rally
US CLOs have responded to the July rally in broader markets and were subject to further spread tight...
News Round-up 5 August 2009 -
Cairn wins CDO mandate
Cairn Financial Products has replaced Duke Funding Management as collateral manager on the Duke Fund...
Job Swaps 5 August 2009 -
CLO liquidity facility agreement amended
Amendments to Halcyon Structured Asset Management European CLO 2007-I's documents last week will not...
News Round-up 5 August 2009 -
Revised SME CLO criteria released
Fitch has published its revised criteria for rating CLOs of granular pools of smaller corporate loan...
News Round-up 29 July 2009 -
Downgrades loom
Moody's to cut most triple-A CLOs as improving metrics emerge
Moody's has revised its CLO rating outlook for senior tranches of CLOs and now expects that the majo...
News Analysis 22 July 2009 -
CDO collateral advisor replaced
Stone Tower Debt Advisors has replaced Bear Stearns Asset Management (BSAM) as collateral advisor on...
Job Swaps 22 July 2009 -
Permacap considers mezzanine investments
As of the end of June 2009, the GAV of Volta Finance was €56.2m against €56.1m a...
Job Swaps 22 July 2009 -
CLO repacks to support senior bid?
Structured credit analysts at JPMorgan note that, while very few such repacks have occurred to their...
News 22 July 2009 -
Moody's to downgrade majority of triple-A CLOs
Moody's has revised its rating outlook for senior tranches of CLOs and now expects that the majority...
News Round-up 22 July 2009 -
Euro CLO gets documentation revamp
A number of amendments have been made to Neptuno CLO II, a European cashflow CLO. Among the modifica...
News Round-up 22 July 2009 -
PPIP side-step
Banks finding other ways to dispose of troubled assets?
A downgraded CLO has been retranched into new securities with triple-A ratings, using a similar proc...
News Analysis 15 July 2009 -
Law firm hires three
Mayer Brown has hired three finance partners to its London office in order to strengthen the key are...
Job Swaps 15 July 2009 -
Geldilux given structural tweaks
Structural amendments including an increase of credit enhancement and the adjustment of eligibility...
News Round-up 15 July 2009 -
Economic perspective of US CLO managers highlighted
S&P has published the first in a series of articles highlighting the economic perspectives o...
News Round-up 15 July 2009 -
Raft of new hires for structured products team
Henderson Global Investors has made a number of appointments to its structured products team. Jim Ir...
Job Swaps 15 July 2009