CDOs/CLOs

Fitch Ratings today released a report looking at the global exposure to refinancing risk in the structured finance and covered bonds markets.

Price guidance a new $414 million CLO to be managed by Sankaty Advisors has emerged in line with other recent transactions, according to two people familiar with the deal.

On Friday a judge decided that a case seeking to reverse bond insurer MBIA’s 2009 transformation into two companies will go to trial on May 14.

Middle market lender NXT Capital is prepping its first collateralized loan obligation.

The American Securitization Forum (ASF) will be holding ASF 2013 in the same spot that it did this year's conference. The industry gathering will be held at the Aria Hotel in Las Vegas on January 27-30, 2013.

The New York Federal Reserve has started a competitive bid process in response to several reverse inquiries for the MAX CDO holdings in its Maiden Lane III (ML III) portfolio.

Some of the biggest players in the CLO industry are embroiled in a contract dispute.

Aurelius Capital Master and UBS have withdrawn from suits against bond-insurer MBIA.

Three banks suing MBIA accused the bond insurer of deliberately withholding damaging financial projections from insurance regulators who were evaluating its transformation.

Highland Capital Management claimed in court that Citigroup is trying to remove it as the portfolio manager of a $900 million CLO so the bank can book profits from its discounted purchase of CLO debt from its own clients and investors, according to a report by Courthouse News Service, a nationwide news service for lawyers and the media.