Wells Fargo Forecasts CLO Issuance Drop for 2016

Issuance of CLOs in the U.S. market this year fell short of 2014 totals will fall further next year, Wells Fargo Securities Senior Analyst David Preston said in a recent report.

CLO Manager Regiment Throws in the Towel

Regiment Capital Advisors sold the management contracts to four collateralized loan obligations totaling $1.6 billion to Sankaty Advisors.

How CIFC is Getting “Skin in the Game”

The largest U.S. collateralized loan obligation manager by number of deals, it is raising its own capital to finance retention of stakes in its deals.

US CLO Issuance Picks Up in October to $8B

After declining in each of the three previous months, issuance of U.S. collateralized loan obligations picked up in October to $8 billion, its highest level since June, according to Thomson Reuters LPC.

Banks Forecast Drop in CLO Issuance in 2016

Barclays and JPMorgan are both forecasting a decline in issuance of collateralized loan obligations next year, citing a variety of regulatory and market headwinds tamping down demand for the securities.



CLO Triple-As Still Calling the Shots

The limited number of buyers able to write big tickets allows them players to dictate terms.

No Exception to Risk Retention for CLOs

Risk-retention rules could thin the ranks of CLO managers; the industry was hoping for a workaround, but what it got is pretty much unworkable.

Risk Retention Rules May Shrink U.S. CLO Market

The U.S. market for collateralized loan obligations would shrink by 75% if proposed risk-retention rules are implemented, according to the Loan Syndication and Trading Association.

People on the Move

DFG Taps Goldman Vet, Barclays Bulks Up on CMBS, Ares Adds Jeffrey Kramer and the ASF Retains Mike Williams as Policy Adviser

CLO Managers Grapple with S&P Recovery Test

A shift in the leveraged loan market has intensified grumbling among CLO managers about the way Standard & Poor’s rates the senior tranches of these deals.


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Credit Barbelling in CMBS is on the Rise

As concerns mount about the riskier loans being packaged into commercial mortgage backeds, several banks have come up with a new strategy for making deals more attractive to investors. They are boosting exposure to both high quality and highly leveraged mortgages.

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