How Quickly Would AAA Be Paid Down Upon OC Test Breach?
How Quickly Would AAA Be Paid Down Upon OC Test Breach? Based on a sample size of 95 global CLO...
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...
During the 2008 financial crisis, senior CLO tranches demonstrated very high resilience and weathered the storm well. At the height...
"The wind blows the roof tile; the tile falls on my head; I don't blame this tile; this tile is...
"Many of life's failures are people who did not realize how close they were to success when they gave up."...