CDOs

Massachusetts’ top securities regulator has asked Bank of America to turn over documents related to two CLOs.

Bond-insurer Assured Guaranty Thursday announced it was doubling the quarterly dividend to 9 cents per share.

Bond insurer MBIA has admitted to making errors in its application to regulators seeking to split the company in two.

Coming off a strong January for new deals, and encouraged by improved economic news, sentiment in the U.S. CLO market has taken a giddy skip from guarded optimism to bullishness — a little too bullish, according to some market participants.

CIFC Corp. said Tuesday it unloaded a middle market CLO it had put on the block last year.

Optimism among market participants regarding CLO issuance in 2012 appears to have increased in the past few weeks.

While the U.S. subinvestment-grade market, especially on the bond side, has seen a steady stream of European deals recently, one group of investors likely wouldn’t mind being shown a bit more love by these issuers and their underwriters: European CLO managers.

Pillsbury has hired Anthony Schouten and Jeffrey Stern for its finance group as partners in New York.

Barclays is looking to buy up notes in ACA CLO 2005-1, a CLO managed by Apidos Capital Management, in an apparent effort to exercise the deal’s call option.

Monolines that have brought MBS lawsuits to court have used the same facts that class actions and put-back claims have made, but have used a different theory of law as a legal basis for their arguments.

Bond insurer Assured Guaranty has reached a three-part deal with Radian Asset that expands Assured Guaranty’s portfolio and business.

Bank of America has raised a $388 million CLO for Symphony Asset Management.

Robust attendance is expected at the American Securitization Forum's (ASF) ASF 2012 to be held in Las Vegas' ARIA hotel and convention center starting this Sunday, Jan 22. The conference will last until Wednesday, Jan 25.

Goldman Sachs has offered initial price guidance on certain slices of a $400 million CLO it is arranging for Ares Management, according to reports.

Structured finance software solutions provider Principia Partners has said that Serone Capital Management has chosen its Software-as-a-Service (SaaS) Platform for consolidated portfolio management, risk surveillance and operational control across its European credit investment business.

Standard & Poor's expects CLO portfolio credit to be stable this year, said the agency's analysts in an emailed report released this morning.

Law firm Paul Hastings added a partner to its leveraged finance practice in Europe.

Golub Capital Partners is close to launching a $250 million middle-market CLO, arranged by Wells Fargo, according to a report from Moody’s Investors Service.

Oak Hill Advisors has promoted Alexandra Jung, Adam Kertzner, Jeffrey Kirt and Thomas Wong to partners of the firm.