March 8, 2010 - The assumption of these CLOs has pushed the firm's high yield assets to close to $20 billion.
March 2, 2010 - Standard & Poors would like input from loan market participants on a proposed metric that would estimate a CLOs recovery value.
February 23, 2010 - Several European collateralized debt obligations are expected to experience an event of default triggered by a breach of the event of default overcollateralization ratio trigger, Fitch Ratings said.
February 16, 2010 - BNP Paribas appointed Giovanni Pini as head of ABS strategy and Olivier Morand-Duval as European head of ABS trading. Perry Inglis also joined as head of ABS valuation and origination.
February 11, 2010 - Highland Capital Management, which last week ago returned investments and closed its CLO Value Fund I, is preparing to kick off another similar fund.
February 10, 2010 - ING will assume management of Avenue CLO IV, Avenue CLO V and Avenue CLO VI.
February 4, 2010 - Highland also provides a 138$ gross return to its investors.
February 3, 2010 - Jefferies has hired Sharif Anbar-Colas as its global head of CLO and CDO trading.
January 29, 2010 - A Milwaukee County Circuit Court judge ruled yesterday that a lawsuit filed by five southeastern Wisconsin school districts against several financial firms over the safety of an investment involving synthetic CDOs can proceed.
January 27, 2010 - Nixon Peabody expanded its securitization and structured finance group as well as its corporate trust team.
January 27, 2010 - Babson Capital Management has been selected by the controlling class of investors to serve as successor collateral manager of two CDOs previously managed by Tricadia Loan Management.
January 22, 2010 - CLOs are moving away from the secondary loan market because most of the yielding syndicated loans have been picked over.
January 8, 2010 - TCW is alleging that Gundlach, his new firm, DoubleLine Capital, and the employees he plucked from TCW, breached their fiduciary duty.
January 7, 2010 - The proceeds will be used to refinance existing debt and provide $50 million of new lending capacity.
December 15, 2009 - It appears that the three largest U.S. banks have begun to prepare for the much-awaited (and doubted) comeback of the CLO market.