CDOs/CLOs

3i Debt Management Investments is prepping a €309.6 million ($411.5 million) European collateralized loan obligation called Harvest CLO VII. The deal features five classes of senior floating-rate notes and subordinated notes.

Highbridge Principal Strategies is marketing a $378.5 actively-managed collateralized loan obligation

Apollo Credit Management is planning two actively-managed collateralized loan obligations. One for $775 Million dubbed ALM VII(R), and the other for $843.85 million dubbed ALM VII(R)-2, according to Standard and Poor's presale reports.

European CLO issuance this year has already exceeded the majority of observers' expectations, the agency said.

The U.S. market for collateralized loan obligations would shrink by 75% if proposed risk-retention rules are implemented, according to the Loan Syndication and Trading Association.

DFG Taps Goldman Vet, Barclays Bulks Up on CMBS, Ares Adds Jeffrey Kramer and the ASF Retains Mike Williams as Policy Adviser

A shift in the leveraged loan market has intensified grumbling among CLO managers about the way Standard & Poor’s rates the senior tranches of these deals.

A shift in the leveraged loan market has intensified grumbling among CLO managers about the way Standard & Poor’s rates the senior tranches of these deals.

Ares Management is prepping its latest collateralized loan obligations, the $412.80 million Ares XXVII CLO, which brings the total amount of broadly syndicated collateralized loan obligations Ares manages to roughly $14.11 billion.

The $275 million class of senior notes is being marketed at three-month Libor plus 165 basis points.