NEW YORK, Feb 22 (LPC) - Regulators are increasingly
sounding the alarm about risk held by leveraged loan buyers
outside the banking system as years of low interest rates have
pushed non-bank lenders toward higher-yielding assets.
NEW YORK, Feb 20 (LPC) - Participants in the US$585bn US
Collateralized Loan Obligation (CLO) market say a transition to
a new benchmark should happen sooner than later as the phase-out
of a rate used to set payments on trillions of investments is
just two years away.
NEW YORK, Feb 19 (LPC) - Sandie O’Connor, JP Morgan’s chief
regulatory affairs officer, is set to retire April 1.
NEW YORK, Feb 1 (LPC) - Some Collateralized Loan Obligation
(CLO) managers are choosing to issue funds with shorter terms in
order to counter rising spreads.
NEW YORK, Feb 1 (LPC) - Collateralized Loan Obligation (CLO)
managers are warning investors that a new Japanese regulatory
proposal may limit their ability to sell their debt holdings at
a later date.
NEW YORK, Jan 30 (LPC) - The US$1trn US leveraged loan
market has asked Japanese regulators to consider exempting
Collateralized Loan Obligation (CLO) investments from proposed
risk-retention rules, concerned the requirement could temper new
NEW YORK, Jan 25 (LPC) - US Collateralized Loan Obligation
(CLO) spreads are at the widest level in about two years as the
first funds of 2019 priced this week.
NEW YORK, Jan 25 (LPC) - Middle market direct lending funds
focusing on senior US leveraged loans are seeing a pickup in
demand as investors seek protection in less risky debt in the
late stages of the credit cycle, market participants said.
NEW YORK, Jan 18 (LPC) - A new regulatory proposal could
curb Japanese investment in US Collateralized Loan Obligation
(CLO) funds. Reduced appetite from these major buyers could push
CLO pricing higher and hamper issuance after a record US$128bn
of US volume in 2018.
Jan 14 MUFG has hired Scott McLallen as a
managing director for its private equity sponsor coverage group.