What is a CLO? Put simply, a CLO is a portfolio of leveraged loans that is securitized and managed as a fund. Each CLO is structured as a series of ...
Read Article »CLO overview
The CLO market has once again proved to be resilient in the face of regulatory headwinds as it registered its second best year on record in terms of new issuance ...
Read Article »Investment-grade CLOs’ rating outlook is stable
The Rating Outlook for Fitch-rated US collateralized loan obligations (CLOs), which are rated primarily investment grade, is Stable for 2021 due to robust loss protection and other structural features, Fitch ...
Read Article »Understanding collateralized loan obligations
Overview: What Are CLOs? A CLO is a type of structured credit. Structured credit is a fixed-income sector that also includes asset-backed securities (ABS), residential mortgage-backed securities (RMBS), and commercial ...
Read Article »CLO portfolios continue to show some resilience
MM entities showed resilience after being hit hard by the pandemic. Relative to BSL CLOs, MM CLOs’ liability structures typically close with higher tranche subordination, and the cushions on their ...
Read Article »Volta Finance declares quarterly interim dividend of €0.12 per share
Volta Finance Ltd (LON:VTA) has announced a fourth interim dividend for the financial year commencing 1 August 2019. The Company announces that it has declared a quarterly interim dividend of €0.12 ...
Read Article »What are the pros of structured finance?
Structured finance is a set of complex transactions offered for financing purposes. In some cases, a financial institution may use these instruments to help increase equity financing use by businesses. A few ...
Read Article »Volta Finance dividend optimism and improved NAV post vaccine news says AXA investment manager
Axa Investment Managers Serge Demay discusses Volta Finance in this exclusive interview with DirectorsTalk.
Read Article »CLOs: How They Work
Collateralized loan obligations (CLOs) are attracting increasing attention as investors broaden their horizons in the search for yield. While CLOs offer above-average returns versus other fixed income strategies, some investors may be ...
Read Article »Loans in a CLO
Collateralized loan obligation managers use the capital raised from investors to purchase loans. However, how are such loans sourced? It is important to note that CLOs are crucial to the ...
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