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.

• Italian auto firms fined

  Company hires and sector developments

  CLO hire Geoffrey Horton has joined Barclays as vp, CLO and loan strategist in London. He was prev...

  Market moves    15 February 2019

• Bank expands credit derivatives business

  Company hires and sector developments

  Credit trading expansion HSBC has hired Asgar Rahemtulla as a director in credit trading. In his n...

  Market moves    14 February 2019

• Window of opportunity?

  Japanese ruling may benefit US CLO market

  The introduction of Japanese risk retention rules could provide a boost for US middle market CLOs, w...

  News    13 February 2019

• Insurance firm expansion

  Sector hires and company developments

  Insurance firm expansion Nassau Re is expanding into additional specialty finance asset c...

  Market moves    12 February 2019

• Staying selective

  David Heilbrunn, senior md and head of product development, capital raising and CLOs at Churchill As...

  Q: How and when did Churchill Asset Management become involved in the securitisation market? A: Chu...

  The Structured Credit Interview    11 February 2019

• European middle market maturing

  US MM sector set to grow following BDC no-action letter

  The middle market securitisation sector is only set to grow in the US, with relaxed regulatory const...

  News Analysis    8 February 2019

• BoE, ESMA seal no-deal plan

  Company hires and sector developments

  No-deal agreement sealed ESMA has agreed Memoranda of Understanding (MoUs) with the Bank of Englan...

  Market moves    5 February 2019

• SCI Start the week - 4 February

  A review of securitisation activity over the past seven days

  Transaction of the week Bank of Montreal has printed a US and Canadian leveraged loan capital reli...

  News    4 February 2019

• Staying strong

  MetLife Investment Management speaks to SCI about the year ahead

  Q: What’s your general outlook for the structured finance sector in 2019? William Morett...

  The Structured Credit Interview    1 February 2019

• Euro ABS deals mooted

  Company hires and sector developments

  European RMBS transactions mandated A pair of European RMBS transactions have been mandated, marki...

  Market moves    31 January 2019

• CLO UCITS launched

  Company hires and sector developments

  CDS publication launched Jochen Felsenheimer, md at XAIA Investment, Wolfgang Klopfer, chairman of...

  Market moves    30 January 2019

• CMBS tender launched

  Company hires and sector developments

  BUMF tender Greencoat Investments has launched a tender offer for the Business Mortgage Finance 4,...

  Market moves    28 January 2019

• CLO arbitrage remains challenging

  Octagon reset in focus

  The currently marketing Octagon 21 reset highlights challenges in the CLO arbitrage. One trader sa...

  News    25 January 2019

• CLOs rebound

  US CLO market update

  US CLO spreads have tightened from December and the pipeline is bulging, as confidence returns to th...

  Market Reports    25 January 2019

• New ILS unit launched

  Sector developments and company hires

  ABS outfit launched US Bancorp has launched a new ABS lending business, providing non-recourse com...

  Market moves    25 January 2019

• CLOs retain top ranking

  Quarterly SCI data update

  CLOs remained the top asset class in terms of deal count for European and US new issuance in 4Q18, a...

  News Analysis    24 January 2019

• Alt investor boosts global presence

  Sector developments and company hires

  Europe Palamon has hired Aqib Kadar as director of tax and structured finance. Kadar was previousl...

  Market moves    24 January 2019

• Slow start

  European ABS and CLO market update

  The European ABS market is experiencing its “slowest start to a year since 2011”...

  Market Reports    23 January 2019

• Two depart at ILS firm

  Sector developments and company hires

  Europe M&G Investments has appointed Vincent Charles-Gervais as portfolio manager within i...

  Market moves    22 January 2019

• Pepper up

  European ABS market update

  European secondary market activity is picking up, following a quiet start to the year. However, the...

  Market Reports    22 January 2019

• Latest SCI podcast available

  SCI podcast episode four is now live

  SCI’s latest podcast is now live. This month the team round up asset class performance fro...

  News    21 January 2019