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Triple-C assets increase in Euro CLOs
The performance of European CLO transactions continued to deteriorate in April, according to S&a...
News Round-up 17 June 2009 -
Supplemental risk measures applied to SME CLOs
Moody's has published a report showing how its supplemental risk measures for structured finance tra...
News Round-up 17 June 2009 -
Manager replacement confirmed
Pangaea Asset Management has confirmed that it is replacing De Meer Asset Management, a division of...
Job Swaps 17 June 2009 -
New sub-servicers for CLOs
Middle-market cashflow CLOs CoLTS 2005-1, CoLTS 2005-2 and CoLTS 2007-1 have executed sub-servicing...
Job Swaps 17 June 2009 -
Barclays puts out tender offer for CLOs
Barclays Bank has announced a tender offer for two of its CLOs. It will offer prices between 50% and...
News Round-up 17 June 2009 -
Rally in CLOs continues
US indicative CLO spreads are continuing their tightening trend. According to figures from JPMorgan...
News Round-up 10 June 2009 -
Other CDOs in DSCM's sights
Further details have emerged about Dock Street Capital Management's (DSCM) potential assumption of c...
Job Swaps 3 June 2009 -
US CLO deterioration moderates slightly
US CLO performance continued to weaken in April 2009, but the pace of deterioration appeared to mode...
News Round-up 3 June 2009 -
'Neutral' recommendation for double-A CLOs
Structured credit analysts at JPMorgan have upgraded their view to 'neutral' on double-A CLOs, close...
News Round-up 3 June 2009 -
Second Metrix tender announced
HSBC has announced a second tender to buy back the outstanding notes from its Metrix CLO programmes...
News Round-up 27 May 2009 -
CLO spreads retrench
Increasing confidence and participation in the CLO sector have resulted in spreads on senior and mez...
News Round-up 27 May 2009 -
Euro SME CLO performance stable, except Spain
The performance of pan-European balance sheet SME CLOs, excluding Spain, remained largely stable wit...
News Round-up 27 May 2009 -
CLO O/C breach avoidance tactics scrutinised
As more managers adjust their strategies to avoid breaching CLO overcollateralisation (O/C) tests, t...
News Round-up 27 May 2009 -
Alpha Bank brings CLO
Definitive ratings have been assigned to Epihiro, a replenishable cashflow CLO originated by Alpha B...
News Round-up 27 May 2009 -
Double-A focus
CLO trading activity moves down capital structure
CLOs still lag the broader rally seen in other structured finance securities, but more competitive p...
News Analysis 20 May 2009 -
Leveraged loan negative credit migration hits CLOs
Fitch says that the performance of European CLOs has recently suffered from a rapid negative credit...
News Round-up 20 May 2009