CDOs

A last-ditch lawsuit to shield collateralized loan obligations from risk retention reaches oral argument phase on Friday.

CLO manager CreekSource has priced its latest offering at wider-than-average spreads as it targets primarily first-lien senior secured loans with better-than-average speculative-grade ratings quality.

Issuance of U.S. collateralized loan obligtions is off to a slow start, with just two deals pricing in January; a single European deal priced.

Add Southcross Energy Partners, Seventy Seven Energy, Verso Corp., and Paragon Offshore to the list of credits held by collateralized loan obligation that appear to be headed for default.

As investors continue to unload loans to risky companies, pushing prices into distressed territory, those still holding these investments are increasingly looking the other way.

Babson Capital is the first CLO manager to brave market volatility at the start of the year with a new deal.

CLO managers are increasingly looking to non-traditional loan facilities to finance the economic interest in the credit risk that they must hold in their deals under the impending U.S. risk retention rules.

Raising capital has been tough for community banks ever since the financial crisis, especially the smallest ones. But a few investment firms have developed structured products that offer community banks a chance to band together to raise needed Tier 1 capital at relatively low cost.

From refinancing the wall of maturing CMBS to getting CLO manager skin the game, these articles held your interest the longest.

Much of the industry’s efforts in 2015 were focused on avoiding compliance with the regulation, which takes effect in December 2016.

RAIT Partnership is the latest sponsor to tap the securitization market with bonds backed by commercial real estate loans, according to Moody's Investors Service.

Ten U.S. collateralized loan obligations totaling $4.8 billion were issued in November, marking the lowest monthly level since January 2014, according to Thomson Reuters LPC.

NorthStar's only marketed two previous CRE CLOs since 2012.

CLO managers have received some Congressional backing for their efforts to curb the impact of forthcoming risk-retention standards.

Jefferies is Floating Plans to Finance the 5% stakes that CLO managers will need to retain in their own deals.

New bank capital rules on the horizon could nearly wipe out secondary trading in most kinds of asset-backeds, said JPMorgan analysts in a report.

A jump in lending in many parts of Europe, coupled with rising economic growth and higher employment, should help bolster the performance of securitizations in Europe, according to Fitch Ratings.

Issuance of CLOs in the U.S. market this year fell short of 2014 totals will fall further next year, Wells Fargo Securities Senior Analyst David Preston said in a recent report.

Regiment Capital Advisors sold the management contracts to four collateralized loan obligations totaling $1.6 billion to Sankaty Advisors.