CLO managers have an enduring problem with the software loans in their portfolios. When US artificial intelligence company Anthropic unveiled a new plug-in for its Claude Cowork tool in late January, ...

Concerns about rising defaults in the leveraged loan market are spilling into retail funds that own the riskiest slices of ...

There were not many people in the debt markets with smiles on their faces at the end of August but a few CLO managers were managing to raise a grin. Having long lamented the spread compression in the ...

CLOs offer investors exposure to floating-rate debt, rather than fixed-rate corporate bonds. Lately, CLO managers have been ...

Debt fund managers are raising money cheaply now in the hopes of finding bargain leveraged loans to pounce on in the future. Investment firms sold more than $320 billion of bonds backed by loans this ...

Materials, transport and travel sectors identified as risks in CLO portfolios following US-Israeli strikes on Iran ...

SOMETIMES THINGS JUST don’t seem quite right. “One good thing about the rapid growth of covenant-lite leveraged loans is that even if things go wrong these loans are not going to fall over for a long ...

CLOs continue to see strong demand given high all-in yields, which we expect to remain the case into 2025. The VanEck CLO ETF performed approximately in line with its benchmark, the J.P. Morgan CLO ...

Froneri, the ice cream and frozen food joint venture between Nestle and Britain’s R&R Ice Cream, successfully captured liquidity from across the market to place a €1.02bn loan at the end of September, ...

George K. Goudelias is chief investment officer of the leveraged finance platform at Seix Investment Advisors, an affiliated manager of Virtus Investment Partners. He is the senior portfolio manager ...

Concerns about rising defaults in the leveraged loan market are spilling into retail funds that own the riskiest slices of ...