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A broader investor base, rising inflation and higher interest rates are likely to result in significant demand for CLO bonds, which have experienced few defaults.
January 19 -
The platform enables structuring of the entire transaction, including covenant tests and trigger levels, and the distribution of interest and principal cash flows, but professionals need more time to become comfortable with DLT.
January 4 -
ABS issuance performance is largely neutral, with exceptions for stepped up volume, including auto. Inflation and COVID-related risks could overhang the industry.
January 3 -
Delinquencies fell in nearly every commercial-loan category, at trend anticipated to continue.
November 5 -
Sponsor mitigates aviation industry’s Covid woes with structural features including novel element.
November 5 -
Auto-related issuers seek funding as end to Libor and 2021 approach.
November 4 -
The deal carries relatively low leverage and high subordination.
November 4 -
Stronger collateral and less credit enhancement reflect lessening pandemic risk.
November 3 -
Moody’s: Rapidly evolving electronic-vehicle technology poses collateral risk also for traditional rental-car ABS.
November 3 -
One downgrade stemmed from a default, with three others warning of pending defaults.
November 3
