CLOs Looking at Second-Lien Loans

Iyer, Savita
February 2005
Investment Dealers' Digest;2/7/2005, Vol. 71 Issue 5, p12
Trade Publication
Reports on the state of the secondary market for second-lien loans in the United States. Trading in the secondary market for second-lien loans; Efforts of the market to establish itself in the mainstream loan world; Rise in the number of deals done with second liens in 2004; Position of the second-lien loan in the capital structure.


Related Articles

  • SECONDARY LOAN MARKET ADVANCERS AND DECLINERS.  // Bank Loan Report;10/31/2005, Vol. 20 Issue 41, p12 

    Presents a chart depicting the advancers and decliners in the secondary loan market in the U.S. for the week ended October 26, 2005. Status of the loan transaction of LifeCare Holdings; Decline in the loan facility of Meridian Automotive Systems Inc.; Citation of the top ten loan advancers.

  • European players look to Granite pricing to set the bar. N. C. // Asset Securitization Report;1/22/2007, Vol. 7 Issue 3, p18 

    The article focuses on the issue of the Northern Rock's Granite 2007-1 benchmark and its relationship with the quick building of capital structure by the residential mortgage-backed securities (RMBS) in Great Britain. According to some market analysts, the strong interest in the tranches of has...

  • Funding Round Up.  // Accountancy;Apr2003, Vol. 131 Issue 1316, p65 

    The article presents news briefs related to the financial services industry. Clydesdale Bank, a National Australasia Group subsidiary, offers a range of constantly updated traditional banking services. HSBC Insurance Brokers emphasizes the use of alternative risk transfer in merger and...

  • Table Is Set for New Round of Hotel IPOs. Yulico, Nicholas // National Real Estate Investor;May2004, Vol. 46 Issue 5, p16 

    Reports that the year 2004 will see the highest level of initial public offerings (IPOs) and secondary issuances in the U.S. Identification of the factors that led to this prediction; Companies that are planning for an IPO; Statement of Tom Corcoran, CEO of FelCor Lodging Trust, regarding IPOs....

  • AIMing high. Reynolds, Bob // Accountancy;Jan2005, Vol. 135 Issue 1337, p32 

    Focuses on the reasons for the success of Alternative Investment Market, Europe's secondary financial market, while other financial markets in the country have declined or collapsed. Rise in the market capitalization of AIM in 2004, based on the figures issued by KPMG Corporate Finance;...

  • Large GSE Portfolios Add Risk. Quarles, Randal // National Mortgage News;5/29/2006, Vol. 30 Issue 34, p4 

    The article presents information on how large government sponsored enterprises (GSE) portfolios add more risk in the secondary mortgage market. The administrations reform proposals are intended to ensure greater regulatory oversight, enhanced market discipline and appropriate capital...

  • Investors Find No Relief In Secondary Mart. Iyer, Savita // Bank Loan Report;10/11/2004, Vol. 19 Issue 39, p1 

    Reports on the increase in prices of assets in the secondary market in the U.S. Key factors contributing to the price increase; Loan supply and demand in the primary market; Increased participation in hedge funds and retails funds; Trading prices of most assets in the secondary market; Statement...

  • Rebuilding THE Secondary Market. England, Robert Stowe // Mortgage Banking;Apr2008, Vol. 68 Issue 7, p28 

    The article discusses the implication of the several declensions in the secondary market as well as solution being made by various companies in the industry to restructure the sector in the U.S. According to the article, despite the adjustments being done by various firms, one thing that could...

  • Euro Secondary Looks Better Than Primary. Iyer-Ahrestani, Savita // Bank Loan Report;9/29/2008, Vol. 23 Issue 37, p1 

    The article reports focuses secondary market in loan industry in the U.S. It states that the average price of loans in the secondary was 84, a point below the February 2008 low of 85. It adds that investors still believe that the secondary is the place to find loan deals, if they are going to...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics