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.
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CLO downgrade announced
Sector developments and company hires
CDS hire announced Axiom Alternative Investments has appointed Bedis Gharbi as senior portfolio ma...
Market moves 16 September 2019 -
SCI Start the week - 16 September
A review of securitisation activity over the past seven days
Transaction of the week Alior Leasing has launched a 12 month revolving cash securitisation of aut...
News 16 September 2019 -
ECB stimulus announced
Sector developments and company hires
ECB stimulus package outlined The ECB has announced that it is cutting the interest rate on the de...
Market moves 13 September 2019 -
CLO firm incorporates ESG approach
Company hires and sector developments
Cayman CLO first Maples Group has supported the first ever US CLO to issue out of the Cayman Islan...
Market moves 11 September 2019 -
Performance questions
CMV conflict concerns aired
Scepticism about whether CLO managers and their investment affiliates can be truly independent of ea...
News Analysis 10 September 2019 -
Maltese benefits
Jurisdiction especially suited to innovative transport ABS
Malta provides a legal and tax framework that provides the same benefits for the establishment of SP...
News Analysis 10 September 2019 -
CLO firm bulks up
Company hires and sector developments
CLO firm bulks up Adrienne Dale has joined MidOcean Credit Partners a portfolio manager for its CL...
Market moves 9 September 2019 -
SCI Start the Week - 9 September
A review of securitisation activity over the past seven days
Transaction of the week The EIF has launched two new funding initiatives to support SMEs in Europe,...
News 9 September 2019 -
ILS deputy head hired
Company hires and sector developments
Blockchain standardisation steps taken The standardisation of blockchain technology, which the Int...
Market moves 6 September 2019 -
Ceo appointed
Sector developments and company hires
Analytics head nabbed Merion Square Capital has hired Jeff Fraser as head of analytics, based at t...
Market moves 5 September 2019 -
Navigating the new
New European CLO investors must chart a steady course
The remainder of the year looks set to be an active one for European CLOs. To sustain growth, the ma...
Talking Point 5 September 2019 -
Structured credit vets nabbed
Sector developments and company hires
EBA makes STS digital move The EBA has announced that it has added the STS Regulation to its onlin...
Market moves 4 September 2019 -
Tesco portfolio disposal sealed
Company developments and sector hires
Auto deal debut Oodle Financial Services is marketing an inaugural static cash securitisation of a...
Market moves 3 September 2019 -
SCI Start the Week - 2 September
A review of securitisation activity over the past seven days
Market commentary A new Fitch study shows that there is a wide range in trustee reported market val...
News 2 September 2019 -
Structured credit head steps down
Company hires and sector developments
BUMF 6 claim filed Business Mortgage Finance 6 has issued a claim against Roundstone Technologies...
Market moves 29 August 2019 -
Ceo replaced
Sector developments and company hires
New ceo appointed Oaktree Specialty Lending has announced that ceo and cio Edgar Lee has resigned...
Market moves 27 August 2019 -
Euro CLOs strong
Market maintaining positive path
The European CLO market has had a strong 2019 so far. That strength looks set to continue in the mon...
News 27 August 2019 -
Broker charged over mispricing
Sector developments and company hires
Broker charged over mispricing The US SEC has charged New York-based broker-dealer AOC Securities...
Market moves 23 August 2019 -
Counterintuitive results
EBA consultation incentivises unfunded SRT format
The EBA’s consultation on the determination of the weighted average maturity of a securiti...
News Analysis 23 August 2019 -
Warehouse line closed
Company hires and sector developments
CRE appointments Arbor Realty Trust has appointed Danny van der Reis as evp, structured asset mana...
Market moves 22 August 2019 -
Volcker rule amended
Company hires and sector developments
Aviation firm appoints treasurer Wings Capital Partners has hired Jakob Gallagher as vp, treasurer...
Market moves 21 August 2019