-
In the proposal, NAIC argues that an insurer purchasing every tranche of a CLO holds the same investment risk as purchasing the entire pool of loans backing the CLO.
September 12 -
The new loan forgiveness program should lessen maturity risk by lopping off a chunk of the student loans, accelerating payments to lenders.
September 1 -
Ali Ben Lmadani, ABL Aviation's founder and CEO, expects to see the values of mid-life aircraft fall from highs seen in 2017, when future values were booked too high.
August 23 -
The solar industry has made significant strides, and the related ABS market should continue under its own momentum, providing investors with attractive returns.
August 5 -
Amid reduced M&A activity, U.S. middle-market borrowers and investors in asset-backed securities are trying to reset and figure out where the right valuations levels are, says Sengal Selassie, CEO of Brightwood Capital Advisors, a lender and issuer of CLOs.
July 6 -
Questions remain around switching benchmarks that could result in unexpected refinancings
July 5 -
High hopes for 2022 crashed when Russia invaded the Ukraine, which left hundreds of aircraft stranded in Russia. But sector consolidation could lead to more deals.
June 17 -
The drop in CLO issuance from Q1 volume raised no alarms, coming off last year’s record $187 million issuance, and experts see strong production for 2022.
April 18 -
Despite perceptions that smaller companies are riskier, they pose less risk to investors. Realized loss rates are lower, and they deliver higher returns.
April 1 -
CLOs technically fall under the new disclosures and prohibitions for private-fund umbrella, but do not appear to be the proposed rule’s intended target.
March 21