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The bank recently hired Nikunj Gupta as head of credit structuring in order to strengthen its existing team. Gupta had previously headed up the European CLO primary business at Deutsche Bank.
October 10 -
Investments poised to do well include partially paid down collateralized loan obligations, which are backed by loans taken out by highly indebted corporations, called leveraged loans.
September 29 -
The sponsor's assets favor software companies, and the deal brings its total CLO assets under management to $2.2 billion.
September 26 -
CLOs are turning to another type of debt — junk bonds — for the security packages that underpin the investment vehicles that are sold to insurers and pension funds.
September 19 -
The SEC could crimp effective investor communications, while IOSCO seeks feedback on 12 proposed "good practices" when operating in the leveraged loan and CLO markets.
September 15 -
Regional banks may soon favor CLOs again while proposed rules could draw banks to the market long-term.
September 8 -
Twenty-five years after its first CLO, Barings' securitizes its 100th transaction, this time securitizing middle-market private credit.
September 5 -
More than $4 billion of collateralized loan obligations on commercial real estate received a modification in the three-month period, compared with about $1 billion in the first quarter
August 30 -
Par subordination on the 'AAA'-rated notes was 39.95%, while par subordination on the 'BBB' notes are expected to be 14.36%.
August 29 -
An industry organization is relieved as the regulators extend an exemption to CLOs, but they remain vigilant for how the new order will ripple through the market.
August 28