Collateral Spread Change in 2022
The tables below show the change in collateral spreads (median) for both US BSL CLOs and EU CLOs by vintage....
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The tables below show the change in collateral spreads (median) for both US BSL CLOs and EU CLOs by vintage....
US CLO managers such as Blackstone, Elmwood, Golub, PGIM, Ares, KKR, Palmer Square and Neuberger Berman grew their US CLO AUM organically by $3bn or more in 2022.
The tables below show the median MVOC and EQ NAV of US BSL CLO and EU CLO deals* by vintage...
The tables below show the median MVOC and EQ NAV of US BSL CLO and EU CLO deals* by vintage...
The tables below show the EQ NAV metrics of US BSL CLO and EU CLO deals* by vintage based on...
The table below shows the latest industry overweight/underweight for each selected manager based on EU CLOs closed in 2021–2022. Overweight means the...
The tables below show the latest industry overweight/underweight for each selected manager based on US BSL CLOs closed in 2022. Overweight means...
The tables below show the median MVOC and EQ NAV of US BSL CLO and EU CLO deals* by vintage...
Please see the table below for the list of US CLO managers and their assets under (US CLO) management (billion) as of 30...
The top five US CLO managers for each WARF category are typically larger managers with a CLO AUM of $8 billion or more.
CLO equity and lower mezz tranches are more exposed to idiosyncratic risk. Generally speaking, deals with a bigger below 70 price...
Tracking the below 80 price bucket at the CLO underlying collateral level is useful as it highlights the tail risk of the...
The table below shows the US BSL CLO asset maturity wall as well as asset notional amounts in CLO deals with different current WAL test cushions.
The table below shows the US MM CLO asset maturity wall as well as asset notional amounts in CLO deals with different current WAL test cushions.
CLO deals with a good WAL test cushion would be in a much better position to take advantage of amend-to-extend activities and boost the asset spreads. The table shows the EU CLO asset maturity wall as well as asset notional amounts in CLO deals with different current WAL test cushions.