CDOs

Investors no longer feel limited to their own country for securitization investment opportunities; they are becoming comfortable with the risks and rewards of investing in and owning a global book.

Spreads on asset-backed securities narrowed sharply across the board in 2012, but some sectors are already looking rich, according to participants at the ASF 2013 conference.

Many sectors of the market are rallying, investors have returned, enthusiasm is running

Spreads on asset-backed securities narrowed sharply across the board in 2012; as justified as this was, some sectors are already looking rich, according to participants at the ASF 2013 conference.

Fitch Ratings anticipates a “moderate” amount of call activity in the collateralized loan obligation market as players take advantage of cheaper funding costs available for new deals.

CIFC manages the largest number of collateralized loan obligations in the U.S., according to the latest ranking published by Moodys Investors Service.

Spreads on collateralized loan obligations CLO spreads may have tightened quite a bit over the last two years, but they still have a long way to go, according to panelists at the American Securization Forum’s annual meeting.

Frequent issuer Credit Suisse Asset Management is planning a $747.5 million CLO; there's also a $474.9 million offering from Western Asset Management, which hasn’t come to market since the financial crisis.

Morgan Stanley is marketing a $519 million CLO for LCM Asset Management.

Experience isn the only thing that sets managers of collateralized loan obligations apart, according to Scott D’Orsi, a partner with Feingold O’Keeffe Capital; it's also a matter of investment style.

Upwards of $7 billion of collateralized loan obligations priced in December, bringing the total for the year to around $53 billion, and market participants say the 2012 pipeline is building.

The collateralized debt obligation (CDO) may not have a great reputation, but it has an important strength: versatility.

The much-maligned collateralized debt obligation appears to be set to play a crucial role in the recapitalization of commercial real estate. Only no-one is calling these deals CDOs.

Experience isn the only thing that sets managers of collateralized loan obligations apart, according to Scott D’Orsi, a partner with Feingold O’Keeffe Capital; it's also a matter of investment style

A much-maligned structure is being used to recapitalize debt-heavy commercial real estate.

KKR Financial Holdings has closed its $412 million CLO called KKR Financial CLO 2012-1, its first forray into the broadly syndicated securitization market since 2007.

In the second to last week of the year, the pace of CLO issuance is still going strong, with several deals making the rounds.

Hercules Technology Growth Capital said today it completed a $231 million collateralized loan obligation, the company’s first CLO.