2nd June: Global CLO Deals With ID/OC Tests Breach and Management Fee At Risk
"Success is not final, failure is not fatal: it is the courage to continue that counts." – Winston Churchill Latest...
"Success is not final, failure is not fatal: it is the courage to continue that counts." – Winston Churchill Latest...
"You must look at facts because they look at you." – Winston Churchill Below is a list of some commonly...
"You must look at facts because they look at you." – Winston Churchill Below is a list of some commonly...
"I like things to happen, and if they don’t happen I like to make them happen." – Winston Churchill Three...
"The noble person is modest in his or her speech, but exceeds in his or her actions." – Confucius The...
"Knowing what you don't know is more useful than being brilliant." – Charlie Munger Whenever it comes to the due diligence...
How Quickly Would AAA Be Paid Down Upon OC Test Breach? Based on a sample size of 95 global CLO...
CLO arbitrage refers typically to the excess spread (say 200bp) of a portfolio of loans generated to the weighted average...
7th May – Performance Attribution For US CLO Managers It is in a crisis that CLO managers show their mettle....
Subordinated management fees would be deferred if CLO deals breached their OC tests. The latest count of deals with OC...
CLO manager scrutiny is growing just as market conditions make their job harder. Nevertheless, differentiation is set to accelerate as...
We are in for a long haul apparently. Please see round one below- Disclaimers The information, research, data, research related...
Believe some CLO managers are straining every sinew and doing whatever it takes to avoid breaching the OC tests. In...
The relationship between the pricing of CLO tranches and the loan market can be an intimate one. CLO tranches trade on the back of the...
Determining Top-Tier CLO Managers Managing collateralised loan obligations (CLOs) is not an easy task. We all know that credit has many downsides...
