US CLO Manager Report: Barings
US CLO Manager Report: Barings
This study examines a sample of 218 deals from 2015 to 2019, utilising the Morningstar European Euro-Denominated Loan Index as...
According to Pitchbook LCD, Barings announced yesterday that it is considering the potential liquidation of Barings Euro CLO 2014-1. This...
According to LCD News, Barings has announced the liquidation of Barings Euro CLO 2014-2, with the expected redemption date set for 31 July. This deal was issued on 4 November 2014. It was reset on 25 May 2017, pushing out its original reinvestment end date from 25 November 2018 to 25 May 2021.
According to LCD News, Barings has announced the liquidation of Barings Euro CLO 2014-2, with the expected redemption date set for July 31. This deal has performed very well, paying an incentive fee to the manager since May 2023.
In the 2.0 CLO landscape, it is quite uncommon to see very high cash-on-cash equity distributions. However, 42 regular reinvesting US BSL CLO deals have distributed impressive cash payments to their equity investors, with annualized payments of around 25% or more so far this year.