Inaugural post-crisis CLO prepped

Category: ABS CLOs CMBS

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Sector developments and company hires

CLO manager comeback

AIG is marketing its first BSL CLO since the financial crisis, totalling US$503.15m. Dubbed AIG CLO 2018-1, the transaction is provisionally rated by Morningstar as triple-A on the US$296.5m class A notes. It does not have ratings on the rest of the notes.

Fairhold development

Fairhold Securitisation Limited has issued a notice that the new respondents, as set out in the announcement dated 2 November 2018, be joined as additional respondents and be subject to the provisions of the amended order.

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