CLO Market Revs Up with More Deals to Come

Clouse, Carol J.
June 2011
High Yield Report;6/6/2011, Vol. 22 Issue 23, p13
The article reports that the market for collateralized loan obligations (CLO) is expected to improve following an increase in CLO issuance. According to the article, a high volume is expected to continue as a result of tighter triple-A rated tranches. Industry experts are also expecting a steady flow of CLOs, with a potential slowdown in July and August 2011. Some notable CLOs expected to be placed on the market are discussed, including ING Alternative Asset Management and Credit Suisse's 409.5 million U.S. dollars fund.


Related Articles

  • ING Prices New CLO. Sheahan, Matthew // High Yield Report;5/30/2011, Vol. 22 Issue 22, p28 

    The article offers information on the collateralized loan obligation closed by ING Alternative Asset Management.

  • Collateralised Loan Obligations (CLOs) - A Primer: INTRODUCTION. Jobst, Andreas // Securitization Conduit;2003, Vol. 6 Issue 1-4, p7 

    The following descriptive paper surveys the various types of asset-backed securitisation (ABS) and provides a working definition of so-called collateralised loan obligations (CLOs), which allow issuers to sell large portfolios of commercial loans and their attendant credit risk directly to...

  • Future widening seen in European CLOs. Colomer-Gaffney, Nora // Asset Securitization Report;8/22/2005, Vol. 5 Issue 33, p16 

    Reports on the performance of collateralized loan obligations spread in Europe. Likelihood for the spread to reach a plateau; Projections on the number of loan transactions expected to come to the market for 2005 from established European loan managers; Decrease in the underlying credit quality...

  • Covenant-lite loans hit Europe, but will they stick?  // Asset Securitization Report;5/7/2007, Vol. 7 Issue 18, p18 

    The author reflects on the covenant-lite loans in Europe. He believes that the emergence of covenant-lite loans is a consequence of institutional funds, hedge funds and collateralized loan obligation to invest in leveraged loans. Senior director of leveraged finance Michelle De Angelis of Fitch...

  • Euro CLO Managers Grapple With High Prepayment Rates. O'Connor, Katie // Bank Loan Report;8/8/2005, Vol. 20 Issue 31, p1 

    Reports on the popularity of collateralized loan obligations in the capital market in Europe. Impact of the positive credit risk profile and strong availability of leveraged loans on the demands for collateralized loan obligations; Percentage of prepaid institutional loans during the second...

  • CLO Market Looks Forward To Increased Levels Of LCDS. Pyburn, Allison // Bank Loan Report;6/5/2006, Vol. 21 Issue 22, p3 

    The article reports that, with the preparations of International Swaps and Directives Association to release standards for trading leveraged loan credit default swaps (LCDS), several dealers in the U.S. are already making their markets. Collateralized loan obligations (CLOs) are expected to be...

  • Older Vintage CLOs Make An Exit. K. K. // High Yield Report;3/6/2006, Vol. 17 Issue 9, p2 

    The article reports on the introduction of the new collateralized loan obligations (CLO) to the U.S. capital market with the phasing out the old CLO. Market analysts said that the number of CLO entering the market were greater than the number of redemptions. There was a difference among equity...

  • Stiff Comp For Loan Paper Will Slow New Eurn CLOs. Iyer, Savita // High Yield Report;1/29/2007, Vol. 18 Issue 4, p9 

    The article focuses on the issue about the condition of the European collateralized loan obligations. The leveraged loans had remained an extremely attractive asset class to many institutional investors in Europe. They have been getting access to loan paper. However, market players do not expect...

  • Euro CLO managers face prepayment. Kantin, Kerry // Asset Securitization Report;8/8/2005, Vol. 5 Issue 31, p1 

    Reports on the popularity of collateralized loan obligations as a financing scheme in Europe. Impact of the positive credit risk profile and strong availability of leveraged loans on the popularity of the investment tool; Estimate of prepaid leveraged loans during the second quarter of 2005;...


Read the Article


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

Try another library?
Sign out of this library

Other Topics