NEW YORK, Nov 27 (LPC) - Issuance in the US Collateralized
Loan Obligation (CLO) market is forecast to fall next year as
spreads remain wide, eating into returns paid to the most junior
investors in the funds.
NEW YORK, Nov 18 (LPC) - The US$1.2trn US loan market has
been slow to adopt to a new lending benchmark as the London
Interbank Offered Rate (Libor) is set to be phased out in two
years, but a US trade group is offering investors a way forward
with a new sample credit agreement.
Credit Suisse named Jonathan Moneypenny and Marc Warm co-heads of US leveraged finance capital markets this week amid a number of organizational changes at the bank.
NEW YORK, Oct 17 (LPC) - The US Collateralized Loan
Obligation (CLO) market is preparing to welcome back high-yield
bonds into its funds.
NEW YORK, Oct 11 (LPC) - As the clock continues to tick
closer to the end of a benchmark trillions of dollars of
investments rely on, some US Collateralized Loan Obligation
(CLO) managers are trying to proactively encourage all fund
investors to agree on a path forward.
NEW YORK, October 8 (LPC) - An investor has kept a US
Collateralized Loan Obligation (CLO) from fully adopting Libor
fallback language, ahead of the demise of the benchmark in 2021.
NEW YORK, Sept 27 (LPC) - US Senator Elizabeth Warren
expressed concerns about credit ratings, specifically those for
loan securitizations, worried a top US regulator is not doing
enough to ensure the independence of the process.
NEW YORK, Sept 13 (LPC) - A debate has been brewing in the
US Collateralized Loan Obligation (CLO) market as some investors
and managers push back on regulatory recommendations for how
best to transition from a benchmark trillions of dollars of
investments rely on.
NEW YORK, Sept 4 (LPC) - GreensLedge Asset Management has
hired Matthew Natcharian and Derek Yaworsky to lead structured
credit investing, the firm announced Wednesday.
NEW YORK, Aug 28 (LPC) - US Collateralized Loan Obligation
(CLO) spreads widened for the third straight month amid falling
interest rates, global market volatility and a year of strong
issuance, which is weighing on returns to the funds’ most junior