CDOs/CLOs

Massachusetts’ top securities regulator has asked Bank of America to turn over documents related to two CLOs.

Bond-insurer Assured Guaranty Thursday announced it was doubling the quarterly dividend to 9 cents per share.

Bond insurer MBIA has admitted to making errors in its application to regulators seeking to split the company in two.

Coming off a strong January for new deals, and encouraged by improved economic news, sentiment in the U.S. CLO market has taken a giddy skip from guarded optimism to bullishness — a little too bullish, according to some market participants.

CIFC Corp. said Tuesday it unloaded a middle market CLO it had put on the block last year.

Optimism among market participants regarding CLO issuance in 2012 appears to have increased in the past few weeks.

While the U.S. subinvestment-grade market, especially on the bond side, has seen a steady stream of European deals recently, one group of investors likely wouldn’t mind being shown a bit more love by these issuers and their underwriters: European CLO managers.

Pillsbury has hired Anthony Schouten and Jeffrey Stern for its finance group as partners in New York.

Barclays is looking to buy up notes in ACA CLO 2005-1, a CLO managed by Apidos Capital Management, in an apparent effort to exercise the deal’s call option.