CDOs/CLOs

Philip Darivoff will serve as chairman of the board of DFG and its parent company, Vibrant Capital Partners.

Intermediate Capital Group priced a €400 million cash flow collateralized loan obligation, its third since the financial crisis.

U.S. issuers have engaged Standard & Poor’s to rate 35 collateralized loan obligations totaling $16.5 billion as of July 3, flat to the previous week.

Spreads on collateralized loan obligations appear to have stabilized in the secondary market after widening in June, according to Wells Fargo.

the analysts at Bank of America Merrill Lynch have revised down their structured-finance issuance forecast in Europe for 2013

The widening in structured finance spreads is not yet a cause for credit concerns, according to a weekly outlook by Standard & Poor’s.

Ares Management is prepping a $500 million collateralized loan obligation, according to a presale report by Moody’s Investors Service.

GoldenTree Asset Management appears to have added a €59 million subordinated class to a European collateralized loan obligation it is marketing.

Horizon Technology Finance Corp., a specialty finance company, has issued $90 million of notes backed by secured loans to technology and healthcare start-ups.

Delayed draw features, which allow CLO managers to avoid paying noteholders until deals are invested, have gained momentum.