CLOs

A CLO is a collateralized loan obligation or collateralised loan obligation known collectively as CLOs. CLOs are CDOs that reference loans, such as leveraged loans, SME loans or a bank's whole loan book (a balance sheet CLO). They come in both managed CLO and static CLO form and can be market value CLOs or synthetic CLOs.

• Serbian NPL disposal plans announced

  Sector developments and company hires

  Associate appointed Channel Capital Advisors has hired Pouya Jafari as an associate in London. He...

  Market moves    14 October 2019

• SCI Start the Week - 14 October

  A review of securitisation activity over the past seven days

  SCI CRT Seminar The line-up for SCI's 5th Annual Capital Relief Trades Seminar on 17 October has be...

  News    14 October 2019

• Structured finance head appointed

  Sector developments and company hires

  EBA’s agenda released The EBA has published its 2020 agenda, detailing its work activiti...

  Market moves    11 October 2019

• Co-founder to depart

  Company hires and sector developments

  Co-founder moves on BlueMountain’s co-founder and co-president Stephen Siderow is set to...

  Market moves    10 October 2019

• Danish firm's debut CLO prepped

  Inaugural ESG-compliant deal likely to be first of many

  Capital Four is set to price its debut BSL CLO this week, dubbed Capital Four CLO I.  The &...

  News    10 October 2019

• Performance hurdles

  Loan sell-offs hampering US CLOs

  Increasing numbers of loan sell-offs are hampering performance in US CLOs relative to other US credi...

  News Analysis    10 October 2019

• Credit system "positive" for China SF deals

  Sector developments and company hires

  Credit system a positive for China SF deals China’s plan to establish a comprehensive, n...

  Market moves    9 October 2019

• Bank leaves CDS committee

  Sector developments and company hires

  Bank leaves CDS committee Societe Generale has decided to leave the Credit Determinations Committe...

  Market moves    7 October 2019

• SCI Start the Week – 7 October

  A review of securitisation activity over the past seven days

  Transaction of the week RMF is marketing its first private RMBS backed by jumbo proprietary reverse...

  News    7 October 2019

• ILS acquisition announced

  Company hires and sector developments

  Acquisition announced Artex Risk Solutions has announced that it has reached agreement to acquire...

  Market moves    3 October 2019

• CLO firm co-founder to retire

  Sector developments and company hires

  30-year CIRT debuts Fannie Mae has completed its sixth Credit Insurance Risk Transfer transaction...

  Market moves    2 October 2019

• B-piece service bulks out

  Sector developments and company hires

  B-piece service bulks out Greystone, has added Paul Smyth, Cary Williams, and&am...

  Market moves    30 September 2019

• SCI Start the Week - 30 September

  A review of securitisation activity over the past seven days

  Transaction of the week FirstKey Mortgage is marketing the first securitisation backed by manufactu...

  News    30 September 2019

• Aussie auto ABS debut prepped

  Sector developments and company hires

  Aussie auto debut prepped The first public term securitisation backed by collateral originated by...

  Market moves    26 September 2019

• US CLO firm leadership shake-up

  Sector developments and company hires

  CLO firm makes md appointment MidOcean Partners has hired Natalya Michaels as md, focusing on mark...

  Market moves    25 September 2019

• Ceo appointed

  Sector developments and company hires

  Ceo appointed CAC Specialty has appointed Michael Rice as ceo, bringing more than 25 years of expe...

  Market moves    24 September 2019

• Master trust margins amended

  Sector developments and company hires

  Holmes Master Trust margins amended Moody’s comments that the proposed amendments to the...

  Market moves    23 September 2019

• SCI Start the Week - 23 September

  A review of securitisation activity over the past seven days

  Transaction of the week Deutsche Bank is marketing a £114m UK CMBS, dubbed Deco 2019-RAM....

  News    23 September 2019

• Law firm nabs SF vet

  Sector developments and company hires

  Law firm beefs up Orrick has hired structured finance lawyer Richard Hanson as a partner based in...

  Market moves    20 September 2019

• Credit-granting guidance outlined

  "Bright-line" verification test still absent

  The EBA recently published an answer to a question posed by AFME in relation to Article 9(3) of the...

  News    19 September 2019

• CMBS NOI slowing

  Sector developments and company hires

  Aircraft ratings review Moody’s has published a new overview which examines ABS issued i...

  Market moves    19 September 2019