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.

• Agri-linked note prepped

  Company hires and sector developments

  Agri-linked note prepped The African Development Bank has approved a €100m partial credit...

  Market moves    4 June 2019

• Bank bulks up commodities expertise

  Company hires and sector developments

  Bank bulks out commodities unit Credit Agricole has hired Aude Sauty de Chalon as directo...

  Market moves    3 June 2019

• Bank nabs CLO expert

  Company hires and sector developments

  Mizuho has hired Stefan Stefanov as director, Euro CLO specialist and he will report in to Juan-Carl...

  Market moves    31 May 2019

• Indian RMBS market in the works?

  Sector developments and company hires

  Alt sales head hired Schroders has hired Peter Arnold to lead its alternative sales unit, which wa...

  Market moves    30 May 2019

• SCI podcast - episode 7 now live

  All the most pressing topics in structured finance discussed

  The latest edition of the SCI podcast is now live. This month, we take a look at servicing within su...

  News    30 May 2019

• Co-cio and liquid markets head appointed

  Company hires and sector developments

  Credit expert poached Crestline Investors has appointed Michael Aingorn as an md, based in New Yor...

  Market moves    24 May 2019

• Seeking warmer waters

  Growing numbers of CLO issuers list on CSX

  While CLO issuers are not legally obliged to list their CLO on any exchange, the favourite in recent...

  News Analysis    24 May 2019

• Positive performance prompts upgrades

  Sector developments and company hires

  Director hired to rebranded CLO platform DFG Investment Advisers has hired John Hwang as a directo...

  Market moves    22 May 2019

• CLO director nabbed

  Company hires and sector developments

  Europe Hermes Investment Management has hired Kevin Roche as a director for private debt...

  Market moves    17 May 2019

• CMBS sees prompt prepayment

  Company hires and sector developments

  Auction platform Mortgage Capital Trading has launched Trade Auction Manager (TAM) to enable more...

  Market moves    16 May 2019

• Heading in the right direction

  US CLO market update

  The US CLO market is making up some lost ground after a tough start to the year. “We&...

  Market Reports    16 May 2019

• Senior appointments abound

  Company hires and sector developments

  Acquisition Priority Income Fund has completed its acquisition of Stira Alcentra Global Credit Fun...

  Market moves    14 May 2019

• SCI Start the week - 13 May

  A review of securitisation activity over the past seven days

  Transaction of the week Last week saw an unusual Irish CMBS hit the European pipeline, from debut...

  News    13 May 2019

• Energy expert nabbed

  Company hires and sector developments

  Energy expert nabbed Energy Estate has hired Christian Krebs as one of the leaders in&...

  Market moves    8 May 2019

• STS 'not enough' for European ABS revival

  Securitisation 'needs to be used more' as funding tool

  At the start of last year, BNP Paribas Asset Management hired Michel Fryszman as its new he...

  News Analysis    3 May 2019

• Rating agency appoints new SF head

  Company hires and sector developments

  Bank bulks up Macquarie has appointed Carolyn Porretta md, structured finance and real estate, bas...

  Market moves    3 May 2019

• First SOFR-indexed MBS tranche inked

  Sector developments and company hires

  Claims predictability to improve? The Florida legislature last month passed a bill to reform the re...

  Market moves    2 May 2019

• Rating agency names managing director

  Sector developments and company hires

  EMEA Scope has named Guillaume Jolivet as md. He joins the firm’s management board, along...

  Market moves    25 April 2019

• Value investing

  Tim Gramatovich, cio of Gateway Credit Partners, answers SCI's questions

  Q: How and when did Gateway Credit Partners become involved in the securitisation market? A: Gatewa...

  The Structured Credit Interview    23 April 2019

• CLO manager denied incentive fee

  Sector developments and company hires

  Incentive fee ruling The High Court in London has ruled that Barings (UK), as collateral manager, w...

  Market moves    18 April 2019

• ILS restructuring agreed

  Sector developments and company hires

  ILS restructuring agreed Ballantyne Re has entered into a lock-up support agreement with Ambac Ass...

  Market moves    15 April 2019