CDOs/CLOs

Highland Capital Management has put its European CLO business back up for sale after taking it off the block earlier this year, according to Bloomberg.

Last December, when Carlyle Group took over four CLOs previously managed by Mizuho Alternative Investment, it didn’t just get the management contracts; it also acquired equity in these deals.

Golub Capital Partners is preparing a $300 million CLO. Golub Capital Partners CLO 10 is a managed cash-flow CLO collateralized primarily by broadly syndicated first-lien senior secured corporate loans, according to a presale report by Moody’s Investors Service.

The current shutdown of the European leveraged loan market, after a glimpse of better times earlier this year, has prompted some to fret, once again, about a barrage of loan maturities coming due just as many of Europe's CLOs come to the end of their reinvestment period.

Citigroup is marketing Apidos Capital Management’s new $395 million CLO, according to people familiar with the deal.

The Federal Deposit Insurance Corp. (FDIC) on Aug. 23 came out with its quarterly list of problem banks. The list decreased for the first time since the start of the financial crisis.

Another CLO manager is on the block.

Global multi-asset investment manager PineBridge Investments announced the closing of its CLO called Galaxy XI CLO, Ltd.

London-based financial advisory firm Rothschild has taken over the CLOs of Elgin Capital.

CREL CDOs delinquencies dropped for the third consecutive month, the latest index results from Fitch Ratings showed.