The annual award goes to the CLO
who best demonstrates outstanding leadership, dedication, initiative or imagination.
was arranged by a bank syndicate including Morgan Stanley as structuring lead, and Bank of America Merrill Lynch and Wells Fargo Securities as co-leads.
I am pleased that the land office was able to increase distributions to public education in a year when state revenues were down, CLO
Secretary Harry Birdwell said.
GLM EUR CLO
2 will initially be backed by a 92% ramped EUR 367 million portfolio of primarily senior secured loans as of closing and will have a four and a half year reinvestment period and a two year non call period.
The average credit quality of the indicative portfolio is 'B', which is comparable with that of recent CLOs
. Issuers rated in the 'B' rating category denote a highly speculative credit quality; however, in Fitch's opinion, the class X and class A-1 notes are unlikely to be affected by the foreseeable level of defaults.
The degree of CE available to the class A-R notes is below the average CE of recent 'AAAsf' CLO
issuances; however, cash flow modeling indicates performance in line with other CLO
issuances rated 'AAAsf' by Fitch Ratings.
Tetragon Credit Income Partners (TCIP) has announced that former co-head of BlackRock's US CLO
business Scott Snell has joined TCIP's CLO
business, the company said.
Global Banking News-September 25, 2018-Tetragon Credit Income Partners expands CLO
business with addition of former BlackRock exec
3i Group plc, an international investment manager, today confirms the closing of a collateralised loan obligation ( CLO
) fund, Harvest CLO
X ( Harvest X ).
The degree of CE available to class A-1-RA notes is above the average of recent 'AAAsf' CLO
issuances, and the degree of CE available to class A-1-RB notes is below the average CE of recent 'AAAsf' CLO
issuances; however, cash flow modeling results are in line with other Fitch-rated 'AAAsf' CLO
Global Banking News-June 8, 2018-GoldenTree closes USD 710m CLO
under GLM strategy
M2 EQUITYBITES-June 8, 2018-GoldenTree closes USD 710m CLO
under GLM strategy