Topic
CLOs, Structured Finance
Showing 151 to 160 of 169 results using the term “CLOs, Structured Finance”
Understanding the CLO Market Ecosystem
The Collateralized Loan Obligation (CLO) market is a dynamic and intricate network of participants, structures, and evolving trends. At its core, the ecosystem revolves around CLO managers, arrangers, investors, technology, and regulatory bodies—all working together to shape this thriving...
Published on Feb 18, 2025
What is a CLO?
Collateralized Loan Obligations, or CLOs, are sophisticated financial products that are fundamentally reshaping the way debt investors and asset managers allocate capital. They operate at the intersection of corporate lending, structured finance, and risk segmentation. But what exactly are CLOs,...
Published on Feb 10, 2025
Record-breaking growth: What drove CLO issuance surges in 2024
CLO issuance surged in 2024, with record-breaking volumes in both the U.S. and European markets. The CLO market in the U.S. has seen over $451.27 billion total issuance in 2024, including $193.18 billion in new issuance, surpassing the previous record of $191 billion in new issuance set in 2021,...
Published on Feb 4, 2025
Understanding CLOs: Lifecycle, Market Trends, and Industry Insights
Collateralized Loan Obligations (CLOs) play a crucial role in the structured finance market, offering investors exposure to a diversified portfolio of corporate loans. CLOs are issued by asset management firms and are divided into different tranches, each with its own risk and return profile. In...
Published on Jan 24, 2025
Labeyrie EBITDA Beats Budget in November; King Cuisine Site Sale, Working Capital Boost Cash; Loans Rally to the 90s
Reporting: Robert Schach French fine foods producer Labeyrie is on track to deliver solid earnings growth and continue to delever during its key Christmas trading period after reporting strong November results, helped by improved demand for foie gras and smoked salmon, sources said. The group...
Published on Jan 21, 2025
Portfolio Analytics Wrap: Tail Risk Increases in CLO Portfolios Despite Exuberance in Loan Prices
Reporting: Hugh Minch Hot on the heels of a record year for issuance, hopes are high among CLO market participants in 2025. Leveraged loans are trading at their highest levels since 2021, according to the Morningstar LSTA Leveraged Loan Index, but some in the market are expressing concerns around...
Published on Jan 22, 2025
Octus on Credit: When will the turkeys come home to roost?
Adelene Lee, Senior VP, Managing Editor US CLO managers have a lot to be thankful for, with 2024 being a year of many firsts. The market set a new annual record over Thanksgiving week with managers raising $192.5 billion year to date, surpassing 2021’s record $191 billion, data by...
Published on Dec 6, 2024
Barings Prices Europe’s First Ever Private Credit CLO
Reporting: Hugh Minch Barings has priced the first ever private credit CLO in the European market, the firm has announced. BNP Paribas arranged Barings Euro Middle Market CLO at €380.6 million. The CLO has a combined €235.6 million triple-A notes split across three tranches, each...
Published on Nov 21, 2024
CLO Weekly Wrap: US Market Breaks Issuance Records with 2024 New Issue Volume Breaking $192 Billion
Reporting: Hugh Minch New issue U.S. CLO volume for 2024 reached $192.5 billion last week, inching ahead of the $191 billion priced in 2021 to make this a record-breaking year for the market, according to Octus’ data. While activity last week was truncated by the Thanksgiving holiday,...
Published on Dec 2, 2024
Partners Group Prices European CLO With 128 Bps Triple-As; Manager’s Asset Portfolio Improves Relative to Market
Reporting: Sicheng Wan Partners Group priced its third new European CLO of the year, the Є408.5 million Penta CLO 18 via BNP Paribas on Wednesday, Nov. 13, according to market sources. The deal follows Penta CLO 17 in June and brings the manager’s new issue volume in Europe this...
Published on Nov 13, 2024