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Ares Management, a Los Angeles based investment manager, is looking to acquire 22 pieces CLOs worth as much as $767 million.
May 8 -
An MBIA subsidiary and LaCrosse Financial Products have filed a lawsuit against two Merrill Lynch entities for misrepresentation and breach of contract in connection with credit default swaps tied to subprime residential mortgages.
May 1 -
Fitch Ratings said that the recently proposed amendments to include a credit support annex (CSA) for six Harbourmaster CLO transactions are a positive structural feature as they reduce counterparty risk within the deals.
April 24 -
Moody's Investors Service has downgraded its ratings of 188 notes issued by 91
April 23 -
In a report, Fitch Ratings said that 21 newly delinquent assets led to a rise in U.S. commercial real estate loan (CREL) CDO delinquencies.
April 20 -
New York Mortgage Trust (NYMT), a real estate investment trust that securitizes prime residential mortgages, has invested $9 million in the Cratos CLO I, marking its first foray into alternative investments.
April 15 -
Maxim Group hired four fixed-income professionals for its structured credit sales and trading group.
April 15 -
A new 243 million ($320 million) collateralized bond obligation pool open to French regional not-for-profit hospitals began marketing last week.
April 15 -
Standard & Poors last week downgraded bond insurer Radian Asset Assurance to 'BBB-' from 'BBB+' in a move related to downgrades of parent Radian Guaranty and all other major U.S. mortgage insurers. The rating remains on negative watch.
April 13 -
SecondMarket launched markets for MBS, whole loans, and CDOs yesterday.
April 3
