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.

• Credit challenges

  CLOs show resilience in stress scenarios

  Central bank and government countermeasures are likely only able to offer short-term liquidity suppo...

  News    2 April 2020

• CRR compliance for NHG guarantee

  Sector developments and company hires

  EMEA Addleshaw Goddard has hired structured finance partner Rachel Kelly from McDermott Will &...

  Market moves    1 April 2020

• Advancing assistance programme prepped

  Sector developments and company hires

  Advancing assistance mooted Ginnie Mae is tailoring the existing disaster pass-through assistance...

  Market moves    31 March 2020

• Pressure drop

  European CLO market update

  Margin call pressures on European CLO warehouses appear to be subsiding. However, pricing levels rem...

  Market Reports    31 March 2020

• Basel 3 implementation deferred

  Sector developments and company hires

  APAC fund launch Pierfront Capital Fund Management has been awarded its capital market services l...

  Market moves    30 March 2020

• Capacity constraints

  Covid-19 not yet posing solvency issues

  Government and central bank actions have kept both the financial system and the real economy afloat...

  News Analysis    30 March 2020

• SCI Start the Week - 30 March

  A review of securitisation activity over the past seven days

  Transaction of the week Northern Arc Capital and fintech platform CredAble have closed a trade fina...

  News    30 March 2020

• Euro CLO coronavirus exposure mitigated

  Sector developments and company hires

  Euro CLO coronavirus exposure mitigated A portion (15%) of European CLO collateral is derived from...

  Market moves    27 March 2020

• Research head named

  Sector developments and company hires

  North America David Walker has joined CIFC as head of research, responsible for leading the firm&...

  Market moves    24 March 2020

• SCI Start the Week - 23 March

  A review of securitisation activity over the past seven days

  SCI NPL Securitisation Awards 2020 - new deadline SCI NPL Securitisation Awards 2020 - new de...

  News    23 March 2020

• EIB mulls SME ABS purchase plan

  Sector developments and company hires

  Dealer credit facility launched The US Fed has established a Primary Dealer Credit Facility (PDCF)...

  Market moves    18 March 2020

• SCI Start the Week - 16 March

  A review of securitisation activity over the past seven days

  SCI NPL Securitisation Awards 2020 As a result of COVID-19, the SCI NPL Securitisation semina...

  News    16 March 2020

• Native blockchain securitisation debuts

  Sector developments and company hires

  Ares facility inked Non-Standard Finance (NSF) has entered into a new six-year securitisation fac...

  Market moves    13 March 2020

• Definition debate

  Call for coalescence around ESG standards

  Impact is still being defined in the capital markets, both at a conceptual level and in terms of gen...

  News Analysis    12 March 2020

• AXA IM creates two key units

  Sector developments and company hires

  AXA IM restructuring AXA Investment Managers intends to create a new €137bn business unit...

  Market moves    11 March 2020

• Dutch VAT grace period mulled

  Sector developments and company hires

  Alhambra missed payment A borrower of a €10m loan securitised in the Alhambra SME Funding...

  Market moves    10 March 2020

• SCI Start the Week - 9 March

  A review of securitisation activity over the past seven days

  Transaction of the week AmTrust International has completed its inaugural capital relief trade, whi...

  News    9 March 2020

• Virus-related volatility

  European ABS market update

  The European securitisation market appears to be being affected by coronavirus-related volatility. S...

  Market Reports    6 March 2020

• Bulgarian micro loan guarantees inked

  Sector developments and company hires

  Bulgarian guarantees The EIF has signed new guarantee agreements with Unicredit Bulbank, United Bul...

  Market moves    4 March 2020

• IRPH index ruling 'credit negative'

  Sector developments and company hires

  CMBS property sales KBRA has been notified of the sale of 29 properties in the Eos (ELoC No. 35) CM...

  Market moves    3 March 2020

• DLT litigation ABS on the cards

  Sector developments and company hires

  Acquisition Pretium Partners has acquired the investment management business of Latigo Partners....

  Market moves    2 March 2020