12/24/2013 | CL | Market Commentary: Highbridge, Columbia, Hildene sell CLOs; late rush pushes 2013 issuance to about $81 billion
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12/23/2013 | CL | Market Commentary: Black Diamond Capital Management, AXA Investment Managers price CLOs in pre-holiday rush
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12/20/2013 | CL | Market Commentary: Deutsche, Apollo, MCF price CLOs before holiday; deal pipeline stands at $14 billion
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12/19/2013 | CL | Market Commentary: Deutsche to price $441.81 million CLO; Dryden closes; BankUnited sells CLOs due to Volcker
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12/18/2013 | CL | Market Commentary: CVC sells $625 million CLO; Babson closes $697.73 million deal; LSTA webcast draws crowd
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12/17/2013 | CL | Market Commentary: Primary slows after record November; PineBridge closes €335 million CLO; euro spreads firm
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12/16/2013 | CL | Market Commentary: CLO pipeline thins ahead of holiday; AXA plans $369.35 million CLO; market studies rule
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12/13/2013 | CL | Market Commentary: Apollo Credit Management, Redan Park Asset Management eye CLO deals; pipeline full
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12/12/2013 | CL | Market Commentary: NIBC sells €306 million North Westerly CLO; U.S. primary slows as market eyes Volcker Rule
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12/11/2013 | CL | Market Commentary: CLO pace light, deal pipeline remains full; AAAs hold at Libor plus 145 bps-150 bps area
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12/10/2013 | CL | Market Commentary: European CLO market ramps up with Alcentra deal; European default projections remain low
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12/9/2013 | CL | Market Commentary: Blackstone/GSO prices €615.69 million; NIBC preps €304.5 million CLO; Hildene plans deal
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12/6/2013 | CL | Market Commentary: BlueMountain Capital Management, Carlson Capital price CLO deals; secondary market quiet
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12/5/2013 | CL | Market Commentary: CLO primary quiet as year-end slow-down comes into view; investors eye Fed taper schedule
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12/4/2013 | CL | Market Commentary: CLO secondary active ahead of year-end; Octagon Credit Investors XVIII pricing emerges
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12/3/2013 | CL | Market Commentary: CLO market sees new launches, including CVC Apidos, BlueMountain; Sound Point spreads flat
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12/2/2013 | CL | Market Commentary: Sound Point prices floating-rate CLO tranches; post-holiday market begins quietly
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11/27/2013 | CL | Market Commentary: ING Alternative Asset Management brings $518.2 million CLO; new issue AAA spreads widen
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11/26/2013 | CL | Market Commentary: CLO market ramps up with expected ING deal; European, U.S. CLO transactions in pipeline
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11/25/2013 | CL | Market Commentary: CLO primary forecast to see some issuance over short week; activity light as desks thin
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11/22/2013 | CL | Market Commentary: CLO issuance climbs; $13 billion of deals in pipeline; European secondary CLO spreads firm
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11/21/2013 | CL | Market Commentary: Pramerica, Apollo, MP Senior Credit Partners tap U.S., European CLO markets
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11/20/2013 | CL | Market Commentary: Apollo, Octagon, Babson prepare CLO offerings; market considers project finance CLOs
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11/19/2013 | CL | Market Commentary: Regiment Capital to sell $411.05 million Cavalry CLO; new issue spread levels unchanged
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11/18/2013 | CL | Market Commentary: PineBridge, 3i tap European, U.S. CLO markets; handful of deals to price before holiday
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11/15/2013 | CL | Market Commentary: Shenkman sells $419.1 million Sudbury Mill CLO; U.S. issuance climbs to nearly $70 billion
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11/14/2013 | CL | Market Commentary: Intermediate Capital details €556.5 million St. Paul's CLO III; 3i readies Jamestown CLO deal
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11/13/2013 | CL | Market Commentary: Sankaty prices $514.16 million CLO, spreads ease from summer deal; AAA notes remain wide
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11/12/2013 | CL | Market Commentary: Valcour prices $259.95 million; Carlyle closes sixth CLO deal; European CLO 1.0 calls eyed
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11/8/2013 | CL | Market Commentary: St. Paul's CLO III sells €556.5 million; euro CLO prices better; U.S. AAA spreads 'sticky'
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11/7/2013 | CL | Market Commentary: Avoca sells €310.75 million CLO in line with recent deals; U.S. AAA spreads hold at 147 bps
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11/6/2013 | CL | Market Commentary: U.S. CLO issuance passes $67 billion mark; A, BB secondary spreads firm 30 bps on month
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11/5/2013 | CL | Market Commentary: GSO/Blackstone sells $413.35 million CLO; Alcentra in pipeline; AAA, AA spreads 'wide'
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11/4/2013 | CL | Market Commentary: Avoca to sell €310.75 million, AAAs talked with 140 bps spread; some euro CLOs on tap
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11/1/2013 | CL | Market Commentary: CLO issuance climbs to $6.8 billion in October; new issue BBB spreads tighten on month
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10/31/2013 | CL | Market Commentary: CQS sells €361.57 million CLO in return to deal market; CIFC prices fourth CLO in 2013
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10/30/2013 | CL | Market Commentary: October to close out with more than $5 billion of issuance; CLO secondary trading active
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10/29/2013 | CL | Market Commentary: CQS preps €362.2 million CLO; $60 billion of deals eyed for 2014; comment period to end
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10/28/2013 | CL | Market Commentary: Euro CLOs hold 130 bps area for AAA slice; new U.S. CLO AAAs price 135 bps-150 bps range
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10/25/2013 | CL | Market Commentary: Cent CLO 19 prices $411.4 million; Golub's $556.15 million CLO ahead; BBB spreads better
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10/24/2013 | CL | Market Commentary: CQS preps €362.2 million Grosvenor CLO; European CLOs hold 'higher share' of junk bonds
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10/23/2013 | CL | Market Commentary: THL to price a second deal; KKR CLOs are 'bread and butter,' plans U.S., Europe deals
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10/22/2013 | CL | Market Commentary: Valcour to sell $259.95 million CLO; Dryden 30 closes; European CLOs deleverage 'rapidly'
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10/21/2013 | CL | Market Commentary: Carlyle sells $415.21 million CLO; risk retention, manager consolidation weigh on market
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10/18/2013 | CL | Market Commentary: Apollo in pipeline; about $14 billion of CLO deals on tap; active calendar 'going forward'
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10/17/2013 | CL | Market Commentary: Allianz sells $465 million CLO at 140 bps-490 bps spreads; $13 billion of CLOs in pipeline
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10/16/2013 | CL | Market Commentary: Oak Hill sells $518.5 million CLO wider than May deal; Saratoga distributions trimmed
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10/15/2013 | CL | Market Commentary: CVC prices $512.7 million; Ares XXVIII CLO raises $518.5 million; deal pipeline steady
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10/11/2013 | CL | Market Commentary: Eaton Vance prices $434 million CLO, Ivy Hill sells $360 million; BBB, BB spreads firm
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10/10/2013 | CL | Market Commentary: CLO spreads flat; new AAA notes hold 135 bps-140 bps spread, euro tranches average 132 bps
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10/9/2013 | CL | Market Commentary: Step-up coupons for new AAA slices on the rise; European CLO manager numbers decline
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10/8/2013 | CL | Market Commentary: CIT CLO preps £223.47 million CLO offering; yields on lower-rated tranches 'coming down'
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10/7/2013 | CL | Market Commentary: CLOs 'challenging' at AAA level; lower debt firms; NIBC restructures £620.6 million CLO
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10/4/2013 | CL | Market Commentary: Saratoga, BlueMountain price; deal pipeline grows; St Paul's to sell about €500 million
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10/3/2013 | CL | Market Commentary: Onex prices; Carlyle closes European CLO; Sound Harbor, Macquarie to launch CLO funds
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10/2/2013 | CL | Market Commentary: Cent CLO 19 to sell $411.4 million; primary 'tepid' in quarter; deal spreads hold wider
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10/1/2013 | CL | Market Commentary: More than 719 CLOs in market; TICC shifts focus; KKR has most exposure to Texas Competitive
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9/30/2013 | CL | Market Commentary: European CLOs in pipeline; H.I.G. sells $408.9 million; KKR Financial reopens CLO 2011-1
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9/27/2013 | CL | Market Commentary: Tighter CLO spreads eyed; Symphony CLO XII prices $832.5 million; CLO loan holdings flat
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9/26/2013 | CL | Market Commentary: CLO issuance hits $57 billion year to date; pipeline 'quite full'; Northwoods CLO prices
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9/25/2013 | CL | Market Commentary: Pipeline 'growing'; Kingsland brings $367.7 million CLO; American Capital closes deal
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9/24/2013 | CL | Market Commentary: Palmer Square closes second CLO, looks to expand platform; Garrison CLO set to close
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9/23/2013 | CL | Market Commentary: CLO issuance on tap; Salus sells $300 million; deal totals close in on 2013 target amount
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9/20/2013 | CL | Market Commentary: CLO issuance ends early September 'drought'; BB-rated CLO spreads firm 25 bps in secondary
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9/19/2013 | CL | Market Commentary: NIBC Bank plans €300 million North Westerly CLO IV deal; 'full pipeline' eyed through year
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9/18/2013 | CL | Market Commentary: Garrison, Dryden, Carlyle price U.S., European CLO deals; St. Paul's European CLO on tap
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9/17/2013 | CL | Market Commentary: Carlyle, GSO/Blackstone, Prudential expected in CLO market; Ableco sells $589.3 million
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9/16/2013 | CL | Market Commentary: Neuberger Berman CLO prices Aaa tranche at Libor plus 140 bps; market eyes risk retention
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9/13/2013 | CL | Market Commentary: Intermediate Capital, Onex, Angelo Gordon prep CLOs; NewStar retains three CLO tranches
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9/12/2013 | CL | Market Commentary: Acis prices; Neuberger preps $412.21 million CLO; AAA investors want 'too wide of spreads'
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9/11/2013 | CL | Market Commentary: CLOs quiet ahead of FOMC; CIFC sells $418 million; Prospect Capital invests in equity
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9/10/2013 | CL | Market Commentary: CLO primary, secondary action stays light; NewStar set to close $400 million CLO
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9/9/2013 | CL | Market Commentary: WhiteHorse VII preps deal; new issue prices fall in August; secondary CLO market quiet
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9/6/2013 | CL | Market Commentary: CLO primary slows, still on target for strong year; AAA spreads hold 25 bps off tights
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9/5/2013 | CL | Market Commentary: CLO market quiet; revised risk retention rule 'will substantially reduce' CLO managers
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9/4/2013 | CL | Market Commentary: CLO market quiet as corporate issuance dominates; pipeline includes European, U.S. deals
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9/3/2013 | CL | Market Commentary: Avoca to price €300 million CLO; new deals increase European CLO exposure to Caa-rated assets
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8/30/2013 | CL | Market Commentary: August CLO issuance climbs to more than $6 billion; GoldenTree, Highbridge deals detailed
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8/29/2013 | CL | Market Commentary: American Capital wraps August lineup with $414.2 million deal; CLO liability spreads rise
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8/28/2013 | CL | Market Commentary: 'Robust' calendar likely in second half of year; Brigade prices; CVC to sell European CLO
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8/27/2013 | CL | Market Commentary: Angelo Gordon, Eaton Vance prepare CLO deals for 2013; bottom CLO tranches tightening
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8/26/2013 | CL | Market Commentary: 'Rush' of deals likely ahead of FOMC meeting; Neuberger, ACAS, WhiteHorse CLOs in pipeline
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8/23/2013 | CL | Market Commentary: Octagon Investment XVII prices $417.78 million CLO; $15 billion of CLO deals in pipeline
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8/22/2013 | CL | Market Commentary: CLO market activity slows as August approaches end; DFG, NewStar price CLO transactions
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8/21/2013 | CL | Market Commentary: August CLO issuance 60% higher over July; Apollo's $1.8 billion sold in two CLOs ups tally
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8/20/2013 | CL | Market Commentary: CLO spreads firm; broadly syndicated CLOs price 25 bps-50 bps tighter than middle market
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8/19/2013 | CL | Market Commentary: CSAM sells AAA-rated CLO slices at Libor plus 128 bps-145 bps spreads; primary to stay active
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8/16/2013 | CL | Market Commentary: CLO pipeline grows; managers prep for WhiteHorse VII, GT deals; MJX prices $590.25 million
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8/15/2013 | CL | Market Commentary: Pramerica delays European CLO; Palmer Square sells Aaa notes at 140 bps; Brigade CLO eyed
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8/14/2013 | CL | Market Commentary: Herbert Park European CLO prices AAA-rated slice at 135 bps spread; Invesco closes CLO
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8/13/2013 | CL | Market Commentary: West Gate sells AAA tranche at Libor plus 130 bps; CLO spreads hold; secondary light
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8/12/2013 | CL | Market Commentary: DFG preps for second CLO offering; Europe CLO issuance in 2013 expected to climb
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8/9/2013 | CL | Market Commentary: HayFin sells AAA notes at Euribor/Libor plus 155 bps; slow August eyed; CLO spreads cheap
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8/8/2013 | CL | Market Commentary: 3i sells class A notes at Euribor plus 135 bps; Onex to bring fourth CLO; spreads weak
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8/7/2013 | CL | Market Commentary: CIFC top manager in U.S. CLO primary market; Alcentra leads in Europe with 13 CLO deals
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8/6/2013 | CL | Market Commentary: CLO managers consider Moody's rating across capital structure; CLO spreads remain wider
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8/5/2013 | CL | Market Commentary: GSO to be in market with €410 million Herbert Park CLO; Symphony Asset to refinance CLO
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8/2/2013 | CL | Market Commentary: Highbridge, Apollo plan more than $2 billion in new CLOs; $13 billion of deals in pipeline
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8/1/2013 | CL | Market Commentary: July CLO issuance lowest in year; Sound Point sells AAA CLO tranche at 135 bps spread
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7/31/2013 | CL | Market Commentary: New CLO deals in pipeline from MJX, CIFC, DFG, Highbridge firm; secondary volume thin
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7/30/2013 | CL | Market Commentary: CSAM sells AAA notes at 135 bps spread; European CLOs start to exit reinvestment periods
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7/29/2013 | CL | Market Commentary: CLO primary pace light; Sound Point CLO III expected to price in line with recent deals
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7/26/2013 | CL | Market Commentary: New CLO spreads firm since June with AAA notes at 125 bps spread; deal pipeline light
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7/25/2013 | CL | Market Commentary: July on track as lowest CLO deal month in year; Telos sells class A at Libor plus 130 bps
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7/24/2013 | CL | Market Commentary: Underwriter eyes return to CLOs; U.S. deals pulled on backup in spreads, vacation season
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7/23/2013 | CL | Market Commentary: July CLO issuance 'fuller' than June; spreads wider; KKR positions for European CLO deals
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7/22/2013 | CL | Market Commentary: Europe CLO AAA slices price wider than U.S. tranches; Ares Enhanced Loan to close new CLO
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7/19/2013 | CL | Market Commentary: Oak Hill Advisors preps for second CLO offering of summer; European CLO pipeline active
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7/18/2013 | CL | Market Commentary: 3i Debt Management, other issuers on tap for European CLOs; U.S. CLO deal pipeline thin
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7/17/2013 | CL | Market Commentary: Ares brings €310 million CLO; Telos prices; 'best' AAA notes offered at Libor plus 125 bps
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7/16/2013 | CL | Market Commentary: Trading light in secondary CLO market as new issue pipeline slows; European deals on tap
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7/15/2013 | CL | Market Commentary: St. Paul's AAA CLO tranche priced at Euribor plus 135 bps; Alcentra closes €400 million CLO
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7/12/2013 | CL | Market Commentary: CLO primary supply 'muted' as AAA investors take hiatus; thin issuance eyed; spreads flat
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7/11/2013 | CL | Market Commentary: GC Investment plans $502.5 million CLO; Halcyon closes; Citigroup top deal arranger
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7/10/2013 | CL | Market Commentary: While CLO issuance climbs, pool of CLO managers remains small compared to 2008 numbers
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7/9/2013 | CL | Market Commentary: Light CLO issuance on tap to start July; Atlas Senior Loan Fund III closes $412.8 million CLO
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7/8/2013 | CL | Market Commentary: Light U.S. issuance forecast; European CLO pipeline resumes; Ares, Cadogan deals expected
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7/5/2013 | CL | Market Commentary: Ares prepares to sell €300 million European CLO; market slows on holiday, bond sell-off
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7/3/2013 | CL | Market Commentary: Ramp-up for CLO deals lagging; Ares to sell $443 million; market quiet ahead of holiday
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7/2/2013 | CL | Market Commentary: 3i plans €300 million European CLO; GoldenTree's AAA tranche sold at Euribor plus 135 bps
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7/1/2013 | CL | Market Commentary: Quiet week forecast; CLO investment funds emerge; AAA-rated tranches smaller since 2008
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6/28/2013 | CL | Market Commentary: Ares, Pramerica, Credit Suisse Asset Management on tap to price European CLOs; trading slows
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6/27/2013 | CL | Market Commentary: OHA Loan Funding prices; Halcyon to sell $465.5 million CLO; bottom of capital structure firms
|
6/26/2013 | CL | Market Commentary: New CLOs price wider; Gallatin, LCM CLOs sell AAA tranches at 115 bps; secondary active
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6/25/2013 | CL | Market Commentary: Oak Hill plans $511.3 million CLO; Ares euro deal 'in development;' euro CLO AA tranches firm
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6/24/2013 | CL | Market Commentary: Markets volatile with focus on Fed asset purchases; widening spreads hinder new CLO issuance
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6/21/2013 | CL | Market Commentary: Telos eyes $363.25 million CLO; wider spreads help to slow deal flow; mezzanine notes weak
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6/20/2013 | CL | Market Commentary: Tryon Park CLO, Avery Point II CLO close; new issue market light on week; spreads wider
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6/19/2013 | CL | Market Commentary: Invesco preps $414.75 million North End CLO; QE shrugged off; CLOs 'not rate-sensitive'
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6/18/2013 | CL | Market Commentary: BlueMountain sells $428.75 million CLO; triple A notes widen as other tranches hold flat
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6/17/2013 | CL | Market Commentary: FOMC meeting slows CLO market; Carlyle, Apidos price; Invesco set to bring $413 million
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6/14/2013 | CL | Market Commentary: CLO issuance hits $41.7 billion year-to-date; Carlyle, BlueMountain set to bring CLO deals
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6/13/2013 | CL | Market Commentary: Market studies European CLO potential after GoldenTree deal; Anchorage Capital, NewMark price
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6/12/2013 | CL | Market Commentary: Ares expected to bring €300 million CLO; deal flow seen steady; weakness brings out sellers
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6/11/2013 | CL | Market Commentary: GLG Ore Hill, Octagon price AAA rated tranches at Libor plus 112 bps ahead of June widening
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6/10/2013 | CL | Market Commentary: Calls for Vintage CLOs forecast to help primary; 2011 CLOs refinance at tighter spreads
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6/7/2013 | CL | Market Commentary: Carlyle sells €350 million; Sankaty, Oaktree plan CLOs; $16 billion of deals in pipeline
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6/6/2013 | CL | Market Commentary: KKR sells $519.4 million CLO; June sees $2 billion deals so far; triple As price wider
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6/5/2013 | CL | Market Commentary: Triple A-rated CLOs ease, notes forecast to come in late in year; backlog of deals in works
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6/4/2013 | CL | Market Commentary: Trimaran sells $465 million; June pipeline forecast; tight CLO spreads may tarnish popularity
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6/3/2013 | CL | Market Commentary: Carlyle Global €300 million CLO, Ares €300 million to price; market focus on QE program
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5/31/2013 | CL | Market Commentary: GSO prices AA-rated tranche at tightest post-financial crisis level; June pipeline forecast
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5/30/2013 | CL | Market Commentary: May CLO issuance slightly higher than April pipeline; Dryden sells $415.58 million CLO
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5/29/2013 | CL | Market Commentary: European CLO 2013 deal forecasts lowered; Carlyle firms details for €300 million offering
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5/28/2013 | CL | Market Commentary: Middle market CLOs pricing wider than broadly syndicated deals; Mountain Hawk II CLO prices
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5/24/2013 | CL | Market Commentary: CLO secondary spreads tightest since 2011; double Bs firm; demand good across structure
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5/23/2013 | CL | Market Commentary: Credit Suisse launches fifth CLO of 2013; Trimaran, Ares to price U.S., European CLOs
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5/22/2013 | CL | Market Commentary: CLO asset classes rebound, pickup in BB-rated spreads; Brookside to close $471.38 million CLO
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5/21/2013 | CL | Market Commentary: CLOs 'cheap' next to other securitized products; AAA-rated spreads in 110 bps-120 bps area
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5/20/2013 | CL | Market Commentary: Carlyle to price €300 million; European CLOs on average underperform by 'wide margin'
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5/17/2013 | CL | Market Commentary: May set to surpass April CLO issuance with about $3.5 billion sold; AA-rated CLO spreads firm
|
5/16/2013 | CL | Market Commentary: Blackstone/GSO price €403.35 million CLO; about €5 billion Europe CLO issuance forecast
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5/15/2013 | CL | Market Commentary: CLO spreads have room to tighten; Cent CLO 18 prices; Blackstone/GSO eyes Europe deal
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5/14/2013 | CL | Market Commentary: CLO arb 'still works' despite firmer spreads; Cent CLO 18 in pipeline; OHA deal set to close
|
5/13/2013 | CL | Market Commentary: CIFC prices; Prudential closes on euro deal; certain sectors highest for potential downgrades
|
5/10/2013 | CL | Market Commentary: Tetragon Financial to stay 'cautious' in Europe CLO market; market value seen in 1.0 CLOs
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5/9/2013 | CL | Market Commentary: CLO issuance hits $31.6 billion; KCAP prices; Carlyle Group to bring more CLOs than in 2012
|
5/8/2013 | CL | Market Commentary: Babson CLO tranches price tightest since crisis; large managers may dominate Europe CLOs
|
5/7/2013 | CL | Market Commentary: Neuberger sells $413.19 million; KCAP to bring deal; CLOs to expand into new asset classes
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5/6/2013 | CL | Market Commentary: European CLOs unlikely to incur losses; Palmer Square tests deal waters; JMP notes CLO plans
|
5/3/2013 | CL | Market Commentary: Babson to sell $492.25 million CLO; mezzanine tranches tighten; CLO covenants weaker
|
5/2/2013 | CL | Market Commentary: U.S. CLO issuance slows in April; Europe CLO primary hindered in 2013 but forecast to grow
|
5/1/2013 | CL | Market Commentary: KKR Financial considers new CLO; Columbia Management Investment Advisors to price offering
|
4/30/2013 | CL | Market Commentary: Brookside Mill sells $471.38 million; April deals hit $4 billion; Benefit Street plans CLO
|
4/29/2013 | CL | Market Commentary: Lloyd's, ICG may bring €400 million CLO; U.S. set to outpace Europe issuance; spreads hold
|
4/26/2013 | CL | Market Commentary: CLO pipeline forecast for week ahead; ALME details €334.23 million deal; CLO managers rise
|
4/25/2013 | CL | Market Commentary: CLO pipeline forecast to resume in May, June; Ireland looks to kick-start CLO market
|
4/24/2013 | CL | Market Commentary: Demand strong for CLOs as market waits for supply; Arrowpoint, OHA bring deals
|
4/23/2013 | CL | Market Commentary: CLO issuance expected to climb on 'ton of demand' headed into May; CLO spreads tighten
|
4/22/2013 | CL | Market Commentary: CLO repricings increase as spreads firm; first quarter most active for deals since 2007
|
4/17/2013 | CL | Market Commentary: Optimism 'abounds' in CLO market; Mountain View CLO 2013-1 prices $421 million of notes
|
4/16/2013 | CL | Market Commentary: CLO primary to 'pause' headed into summer; secondary CLO spreads tighter
|
4/15/2013 | CL | Market Commentary: U.S. CLOs bypass Europe due to Rule 122a, market to U.S. and Asia investors; THL prices
|
4/12/2013 | CL | Market Commentary: Apollo brings market's third euro CLO; risk-retention compliance could slow deal pace
|
4/9/2013 | CL | Market Commentary: JMP Group, Apidos price CLO transactions; 400 Capital Management adds CLO strategist
|
4/8/2013 | CL | Market Commentary: Collateralized loan obligation issuance 'robust' in 2013; CLO spreads tighten over year
|
4/1/2013 | CL | Market Commentary: Spreads tighten for CLOs; American Capital improves pricing on $414 million of notes
|