US CLO MVOC and CLO Equity NAV Across All Tranches and Vintages
Below are tables presenting the MVOC (AAA-B) and EQ NAV of US BSL CLO deals by vintage, based on asset...
Below are tables presenting the MVOC (AAA-B) and EQ NAV of US BSL CLO deals by vintage, based on asset...
The following EU CLO deals issued and priced their single-B tranches this year. These were initially structured for delayed issuance...
KKR CLO 29, managed by KKR, was recently reset. The performance of this 2021 vintage deal from an MVOC perspective was...
More deals are expected to be redeemed in 2024, which is already set to be the year when a record number of EU deals will be fully redeemed. The average annual default rate for the 26 deals redeemed since October 2023 stands at 0.6%.
Generate CLO 5, managed by Generate Advisors, was recently reset. The performance of this 2018 vintage deal from an MVOC...
In conclusion, it is important to understand the limitations of each metric so as to avoid mistaking outperformance of deal metrics to be investment outperformance.
Since October 2023, at least 26 EU CLO deals have been redeemed. The graphs below illustrate the relationship between the...
A significant number of US BSL CLO deals are candidates for reset due to their overall high cost of funding....
On January 19, 2024, GoldenTree celebrated a notable achievement with an AAA print of 150 basis points (bps) for its...
The top five deals with the narrowest weighted average liability spreads year-to-date (YTD) are GoldenTree Loan Management US CLO 20,...
With the recent reset pricing, OHA Loan Funding 2013-1, managed by Oak Hill Advisors, now boasts the longest reinvestment period in the CLO market at nearly 16 years!
The top five deals, characterized by the narrowest weighted average liability spreads (AAA-BB) year-to-date (YTD), excluding the single-B tranche, are...
The loan index’s moving 4-week average discounted spreads are used as a proxy for the EU CLO portfolios’ discounted spreads....
Monitor: US BSL CLO New Issue Arb Trend The loan index's moving 4-week average discounted spreads are used as a...
The table below shows a list of deals with an equity NAV of at least 100%.
