Investments

The Loan Syndications and Trading Association alerts market participants to the challenges of term-SOFR transition before year-end.

High CLO volume stems partly from transactions whose refis or resets anticipated last year were deferred when spreads widened considerably amid the pandemic.

Ontario Teachers’ Pension Plan said equity gains helped offset fixed income and currency losses in the first half of the year.

Virtually the whole collateral pool will be comprised of senior secured loans, cash and eligible investments ultimately benefiting software, hotel and leisure.

What policy makers say about economic inequality at this month’s Jackson Hole symposium is potentially a bigger deal for bond investors than any taper talk.

Henry Brigham, Willis Hwang and David Knecht bring a combined 43 years of corporate trust experience to the Wilmington Trust team.

Similar to other CLOs, Golub 54 has a reinvestment period of four years, with a two-year non-callable period.

A new trend is emerging in the world of ESG as companies turn their attention to cleaning up old debt.

Issuers of leveraged loans appear ready to use SOFR, the popular alternative to LIBOR, putting leveraged loans a step ahead of the market.

Auto and credit card securitizations benefited from more rational consumer behavior, whole CLO issuance remained strong for both new issuance and refinancing deals.