CDOs

Philip Darivoff will serve as chairman of the board of DFG and its parent company, Vibrant Capital Partners.

Intermediate Capital Group priced a €400 million cash flow collateralized loan obligation, its third since the financial crisis.

U.S. issuers have engaged Standard & Poor’s to rate 35 collateralized loan obligations totaling $16.5 billion as of July 3, flat to the previous week.

Spreads on collateralized loan obligations appear to have stabilized in the secondary market after widening in June, according to Wells Fargo.

the analysts at Bank of America Merrill Lynch have revised down their structured-finance issuance forecast in Europe for 2013

The widening in structured finance spreads is not yet a cause for credit concerns, according to a weekly outlook by Standard & Poor’s.

Ares Management is prepping a $500 million collateralized loan obligation, according to a presale report by Moody’s Investors Service.

GoldenTree Asset Management appears to have added a €59 million subordinated class to a European collateralized loan obligation it is marketing.

Horizon Technology Finance Corp., a specialty finance company, has issued $90 million of notes backed by secured loans to technology and healthcare start-ups.

Delayed draw features, which allow CLO managers to avoid paying noteholders until deals are invested, have gained momentum.

A policy fight is threatening the recovery of collateralized loan obligations [CLOs] in Europe.

Delayed draw features, which allow CLO managers to avoid paying noteholders until deals are invested, have gained momentum.

The Carlyle Group issued a $461.5 million collateralized loan obligation dubbed Carlyle Global Market Strategies 2013-3, according to a Standard & Poor’s presale report.

Trimaran Advisors, a wholly-owned subsidy of KCAP Financial, is planning a $426.3 million collateralized loan obligation called Catamaran CLO 2013-1.

LCM Asset Management priced a $418 million collateralized loan obligation, bringing issuance for the year to $40.6 billion.

Prudential Investment Management is planning a $379 million collateralized loan obligation of floating-rate notes, according to a pre-sale from Standard & Poor's.

Analysts at Barclays forecast a total of €46 billion ($61 billion) in publicly-placed securitization issuance for 2013, according to their mid-year outlook.

CVC Credit Partners is marketing a $600 million collateralized loan obligation, according to Moody’s Investors Service.

SNL reports that, in some cases, it’s not just the attractive yield or familiarity with the asset class, but a desire for exposure to the commercial loan backing these securities.