John S. Hintze

More than 90% of the loans were underwritten without full documentation, raising default probability.

Top retail-mall owner Taubman has approached the market with a $1 billion CMBS deal to refinance the existing debt that is collateralized by one of the highest volume shopping centers in the U.S.

Amid challenging times for loans in CLOs, Sculptor Capital Management sees refi and reset surge likely to continue well into 2025.

Lender to consumers denied traditional credit raises $250 million after skipping 2023.

Acquisition-financing securitization takes hold while AI and escalating data centers drive energy deals.

FS grew its CLO business and now manages four CLOs totaling $1.4 billion. The manager's risk-averse growth avoids complications that are still unfolding liability management exercises.

As corporate treasurers use the debt reorganization technique to head off disruptive defaults and bankruptcies, lenders seek more blockers and cooperation agreements to mitigate risks.

Observers and investors weigh in on how rate cuts may shift pricing dynamics for CLO tranches.

RTLs are generally short-term, interest-only bridge loans extended to real-estate investors, while the ABS deals provide investors with a premium and less prepayment risk.

Electronification of trading could fundamentally alter loan and CLO markets.

Securitizations face fewer complications under the Corporate Transparency Act (CTA) but missed filings can incur stiff penalties.

The 45% charge provides an interim step toward a longer-term risk-based capital schema for insurers.

The booming loan and CLO markets could face hurdles unless merger & acquisition activity picks up.

As the inflation reduction campaign has miles to go, banks considering credit risk transfers referencing commercial real estate could find enthusiastic investors.

The Japanese banking giant's sub foresees vibrant 2024 and expanding CLO interest from Asian investors.

The initial protection amount, Moody's says, is 12.5% of the total reference pool and equals the principal amount of the rated and unrated issued notes.

Chris Hentemann, whose fund manages $6.2 billion in assets, seeks out B-piece opportunities and foresees banks executing more bulk loan sales and credit-risk transfers.

The market expects a wide variety of banks to issue CLNs to bolster their regulatory capital compliance, and support ongoing lending.

Contenders see plenty of room for the market of EFTS investing in CLOs to grow. The question is if they can potentially usurp some of banks' dominance in AAA-tranche investing.

Alyssa Irving sees bright production prospects for 2024 for a range of securitization assets, as the industry awaits rate cuts.