News & Analysis as of

Investors Collateralized Loan Obligations

White & Case LLP

Moving on up: Europe’s CLO market is making a strong comeback

White & Case LLP on

The first half of 2024 has been a bumper year for European Collateralized Loan Obligations and a mix of market and legislative catalysts could push the second half into record-breaking territory The European Collateralized...more

Crunched Credit

Trading Is Not a Dirty Word (CRE CLO)

Crunched Credit on

As we begin to reflate the CRE CLO business this year with shrinking spreads and hopefully shrinking SOFR, we need to think of this as CRE CLO 3.0. This business,  this technology, which is truly a brilliant way to deliver...more

Dechert LLP

Winter Is Here:  Buy a Snow Shovel

Dechert LLP on

Winter is surely coming.  One might hope it will arrive without the sorcery, murder, mayhem and intrigue of that memorable HBO show, but surely it will be freighted by its own quantum of trauma and anxiety.  Actually, what am...more

Dechert LLP

Tour De Private Credit: BeSPOKE Private Loan Securitizations Gain Traction

Dechert LLP on

With the turbulent macroeconomic climate, we have seen increased growth over the past couple of years in alternative private credit financing structures. In particular, there has been an upswing in private, bespoke...more

Dechert LLP

The CRE CLO is Coming Back Soon:  Who You Gonna Believe, Me or Your Lying Eyes?

Dechert LLP on

I’ve written extensively about the CRE CLO technology for a long time and why it is the best leverage technology across securitization markets.  With the sponsor typically holding up to 20% of the bottom of the capital stack,...more

White & Case LLP

How CLOs are dealing with a post-SVB world

White & Case LLP on

Collateralized loan obligations (CLOs)—investment structures that buy up leveraged loans and debt securities, package them into tranches with varying levels of risk and return, and sell them to investors—had minimal direct...more

Goodwin

Debt Download - January 2023

Goodwin on

Welcome to Debt Download, Goodwin’s monthly newsletter covering what you need to know in the leveraged finance market. We hope your year is off to a good start!...more

Goodwin

Debt Download - December 2022

Goodwin on

In the inaugural edition of Debt Download, we covered recent trends in the U.S. debt finance markets. This month, we take a look at what’s happening in the U.K. and Europe....more

Akin Gump Strauss Hauer & Feld LLP

EU Commission Report on the Functioning of the EU Securitisation Regulation – Considerations for the CLO Market

Key Points - The European Commission (“EU Commission”) has published its report on the functioning of the EU Securitisation Regulation which contains the EU Commission’s assessment of a number of key aspects of the...more

Dechert LLP

Why Don’t (Enough) Investors Like CRE CLO?

Dechert LLP on

Why don’t enough investors like CRE CLO securities?  They all really should, and it would be terrifically helpful to the market if more of them did so.  (Okay, terrifically helpful to me.)...more

White & Case LLP

CLO activity skyrockets in the US

White & Case LLP on

Financial stimulus and sustained investor appetite for yield have seen US CLO issuance scale record heights - The US collateralized loan obligation (CLO) market enjoyed a banner year in 2021 as a combination of Federal...more

White & Case LLP

European CLOs and the unstoppable impact of ESG

White & Case LLP on

Europe's CLO market and environmental, social and corporate governance (ESG) objectives are converging at pace, providing unique opportunities for CLOs to access the vast and rapidly expanding pools of capital earmarked for...more

Alston & Bird

How Is ESG Regulation Influencing Investor Behaviour?

Alston & Bird on

It took 13 years to print the first $1 trillion of sustainable bonds; it took just one more to double it. Our Finance and Financial Services & Products Groups examine the emerging trend of collateralized loan obligations...more

White & Case LLP

European leveraged finance: A bifurcated balancing act: Leveraged loan issuance: Lenders look beyond buyouts

White & Case LLP on

HEADLINES - Buyouts and M&A secured a combined €75.4 billion of loan issuance in 2019 - Proceeds used for buyout issuance alone were down by more than 30 per cent to €38.7 billion when compared to the €56.6 billion...more

A&O Shearman

Financial Stability Board Assesses Financial Stability Implications of Expanding Leveraged Loans and Collateralized Loan...

A&O Shearman on

The Financial Stability Board has published a report on the vulnerabilities associated with leveraged loans and collateralized loan obligations. In the report, the FSB assesses how the leveraged loan and CLO markets have...more

Dechert LLP

EU Securitisation Regulation - European Commission Publishes Final Disclosure Templates Expected to Apply from February 2020

Dechert LLP on

No Good News, but No Bad News Either - On 16 October 2019 the European Commission (EC) adopted a delegated regulation supplementing Regulation (EU) 2017/2402 (the Securitisation Regulation) and setting out the final...more

K&L Gates LLP

New Japanese Securitization Risk Retention Rule and Its Impact on CLO Investors in Japan

K&L Gates LLP on

In December 2018, the Financial Services Agency of Japan (the “JFSA”) proposed amendments to its regulations under the Banking Act of Japan to introduce a new risk retention rule applicable to collateralized loan obligations...more

Dechert LLP

Japanese Risk Retention: JFSA Favors Diligence Over Disruption

Dechert LLP on

The new Japanese Risk Retention Rules will lead to increased loan and collateral manager due diligence by Japanese investors but not wholesale changes to the CLO market. Background - On March 15, 2019, the Japanese...more

Proskauer Rose LLP

Proskauer’s 2018 Global High-Yield Bond Study

Proskauer Rose LLP on

Overview and Methodology - Welcome to this seventh edition of Proskauer’s Global High-Yield Bond Study, our analysis of market trends for high-yield bond offerings. Using analyses from our proprietary database of...more

Ballard Spahr LLP

Investment Management Update - October 2015

Ballard Spahr LLP on

Below is a summary of recent investment management developments that affect registered investment companies, private equity funds, hedge funds, investment advisers, and others in the investment management industry. Schwab...more

Dechert LLP

New EU Securitisation Regulation: Moving in the Right Direction

Dechert LLP on

The European Commission published a draft regulation on a European framework for simple, transparent and standardised securitisation on 30 September 2015 (the “Draft Regulation”). The Draft Regulation aims to achieve a better...more

Stinson - Corporate & Securities Law Blog

SEC Grants Relief From Risk Retention In Refinancing Transaction

The SEC granted Crescent Capital Group LP no-action relief if it does not retain an eligible risk retention interest under Section 15G of the Securities and Exchange Act of 1934 in connection with a refinancing of CLOs that...more

Dechert LLP

ABS Las Vegas 2015

Dechert LLP on

A securitization community coming off of record issuances in 2014 has entered the new year with a mixture of nerves and optimism.  An estimated 6,500 finance professionals and attorneys converged for the 2015 ABS Las Vegas...more

Jackson Walker

CLO Market: The Volcker Rule and Risk Retention

Jackson Walker on

Collateralized Loan Obligations (CLOs) are a type of Collateralized Debt Obligation (CDO) created by pooling large commercial loans and debt instruments. This pool is divided into various tranches with different risk–return...more

Dechert LLP

U.S. Regulators Respond to Public Comments and Restructure Proposed Rule for Credit Risk Retention

Dechert LLP on

One of the important unfinished aspects of the Dodd-Frank Act (“Act”) is the requirement for Federal agencies (“Regulators”) to issue regulations implementing Section 941 of the Act which generally requires that a securitizer...more

26 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide