John S. Hintze

Twenty-five years after its first CLO, Barings' securitizes its 100th transaction, this time securitizing middle-market private credit.

Looking to insurers for growth, the asset managers seek NAIC look-through to lower risk-based capital.

The bank continues to support securitizations of esoteric assets, including rental car leases, consumer loans, triple-net leases, small business loans, and whole-business revenues.

After catching the eye of a senior executive at Deutsche, UMB Financial soon reeled in a team that expanded its trust services into the current comprehensive and tech-assisted operation.

Partners in ABS practice also discuss how CLOs face final bridge to cross as Libor transition approaches the finish line.

Market professionals fear a pending circuit court decision could significantly disrupt term loan B and CLO markets.

CLO spreads should tighten toward year-end, easing arbitrage challenges. Meanwhile investors will be challenged to calibrate the recovery rate, says Pratik Gupta.

One case found that simply defining the investment in the new debt as an allowable transaction was helpful, but new indenture language to facilitate participation provides CLOs with little benefit.

The specialist says the key to selecting less-trafficked ABS sectors is their ability to withstand an expected recession.

Despite dearth of new loans, retail investors' exit from loan funds provides CLOs with new-issue supply.

Despite firm objections from structured finance advocates, some institutional investors welcome the additional protection, citing Wall Street's potential conflicts of interest.

Deal supply remains relatively strong in the sector, but new originations still face a scarcity of new assets to roll into the deals.

The volatile securitization market fueled the structured-loan provider's record business last year.

Regulators saved lenders from a proliferation of banking issues in response to Silicon Valley Bank's collapse—and cemented the virtues of the borrow-lend strategy of CLOs.

Applying blockchain technology to ABS is making progress, but cryptocurrency debacles are slowing a further rollout

The regulator's proposal adds to measures already in place—net short positions—but critics worry that overzealous application could dampen the market.

The structured finance specialist sees opportunities to expand the CLO investor base with the product, as the CLO-driven funds win over other sponsors.

Issuers and investors favor term SOFR for ABS floaters but regulators worry that expanding its use—even just a little—will undermine the new floating-rate benchmark.

The middle-market manager's diverse funding sources provide extra dry powder amid industry headwinds, and a head start to 2023 as CLO arbitrage improves.

The bonds cover relatively remote cyber risk for Beazley, a U.K. insurance and reinsurance company, which is tapping the cat bond market for the first time.