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.


  • SCI Start the Week - 15 June

    A review of securitisation activity over the past seven days

    Last week's stories Addressing inconsistencies Performance metrics switched Calabria confiden...

    News    15 June 2020
  • Californian auto loans eyed

    Sector developments and company hires

    Californian auto loans eyed The Westlake Automobile Receivables Trust 2020-2 issuer has disclosed t...

    Market moves    12 June 2020
  • Synergy search

    CLO manager consolidation to stay sporadic?

    There have been a flurry of CLO manager mergers and transfers recently (SCI passim). However, the ne...

    News Analysis    11 June 2020
  • Resolve and resilience

    Content sponsored by Ocorian

    James Maitland, regional head of Americas, Bermuda & Caribbean, and global head of capita...

    Talking Point    10 June 2020
  • NCSLT consent judgment denied

    Sector developments and company hires

    NCSLT consent judgment denied Fitch has affirmed 37 notes and maintained its rating watch negative...

    Market moves    9 June 2020
  • Changing focus

    US CLO primary garners more attention

    Retracement in the US CLO secondary market has been rapid. Now, bolstered by the belief, misguided o...

    News Analysis    9 June 2020
  • Spread compression

    European ABS market update

    The rally in broader risk assets and the lack of new supply has boosted demand for paper in the Euro...

    News    9 June 2020
  • CLO business integrated

    Sector developments and company hires

    CLO business integrated RBC’s US-based CLO management business is being integrated into B...

    Market moves    8 June 2020
  • SCI Start the Week - 8 June

    A review of securitisation activity over the past seven days

    FREE - Capital Relief Trades Virtual Panel - LIVE For a discussion on how the Covid-19 fallout has...

    News    8 June 2020
  • Conduit CMBS on watch

    Sector developments and company hires

    Conduit CMBS on watch S&P has placed its ratings of 96 classes from 30 US conduit CMBS on...

    Market moves    4 June 2020
  • Experience counts

    CLO managers surveyed

    Manager differentiation remains a key issue in the CLO market, with many investors focusing on indiv...

    News    4 June 2020
  • Long road ahead

    CLO secondary pricing action premature?

    Sentiment in the CLO secondary market is overwhelmingly positive, which is showing up in recent pric...

    News Analysis    3 June 2020
  • More Euro CLOs on review

    Sector developments and company hires

    More Euro CLOs on review Moody’s has put a further 234 tranches from 77 European BSL CL...

    Market moves    3 June 2020
  • New paradigm?

    Trustee discretion required in virtual environment

    The coronavirus crisis ushered in a new paradigm for securitisation noteholder communication and doc...

    News Analysis    2 June 2020
  • Managers measured

    CLO manager pandemic performance quantified

    US CLO managers have worked harder than ever before to reduce triple-C exposure and build par in unp...

    News    2 June 2020
  • Equity opportunities?

    Sector developments and company hires

    Equity opportunities? Despite a lack of visibility and liquidity and with cashflows likely to deter...

    Market moves    1 June 2020
  • SCI Start the Week - 1 June

    A review of securitisation activity over the past seven days

    Last week's stories Accessing guarantees CBILS securitisation warehouses mulled Forbe...

    News    1 June 2020
  • Renewables JV inked

    Sector developments and company hires

    Renewables JV inked By way of a joint venture, illimity Bank and VEI Green II have set up a securit...

    Market moves    29 May 2020
  • Growth phase

    European CLOs seeing increasing attention to ESG criteria

    The current crisis has initiated further discussion surrounding sustainability. Expectations are tha...

    News Analysis    28 May 2020
  • Pan-European guarantee fund launched

    Sector developments and company hires

    Pan-European guarantee fund launched The EIB board has approved a €25bn Pan-European Guara...

    Market moves    27 May 2020
  • CLO tender offer launched

    Sector developments and company hires

    CLO tender offer The Black Diamond CLO 2015-1 issuer has launched a tender offer to all noteholders...

    Market moves    22 May 2020