CLOs

While Anthelion's First Brands exposure is dwarfed by other creditors, the firm's investment speaks to how pervasive the company's debt became across Wall Street before its collapse.

Last week, JPMorgan CEO Jamie Dimon raised the alarm over certain corners of the credit markets might see outsized losses if the economy sours.

The five-part deal's longest portion, an 11-year fixed-to-floating rate note, yields 0.92 percentage point more than Treasuries.

The biggest portion of the transaction, the $290 million of class A-1 bonds rated Aaa, were sold to yield 1.33% more than their Secured Overnight Financing Rate benchmark.

Johnson will be based in New York and joins a business development team focused on originating for Sagard's private credit business.

CLOs offer an alternative to investment-grade and junk corporate bond markets, which are trading at very thin premiums to Treasuries. They bundle leveraged loans into bonds of varying risk and reward, allowing managers to tailor portfolios to specific investors tolerances.

When weighing investments, the CLO equity investor also considers strategies on liability management exercises when considering investments.

The region is poised for growth, given the untapped market potential and deglobalization, which will force greater autonomy from the US and drive increased spending.

Strategically introducing AI bolsters FIS' value added services, and improves clients' scalability and decision-making.

The development bank's finance arm has bundled up exposures in loans it made to 57 companies across regions like Eastern Europe, South America and Asia, in a first for the bank.