Published in London & New York
10 Queen Street Place, London
1345 Avenue of the Americas, New York
Creditflux is an
company
© Creditflux Ltd 2024. All rights reserved. Available by subscription only.
July 2024 • Issue 266
Global credit funds & CLOs
News
News
Global CLO market on pace for year of historic issuance
READ MORE
M&A activity on fire in private credit despite overall M&A slowdown
READ MORE
Double digit returns tempt Middle Eastern investors to allocate to private credit
READ MORE
CLO market thrives despite loan shortage, but ageing warehouses cause concern
READ MORE
Investors pursue wide variety of ‘snooze drag’ loan amendment language
READ MORE
$240bn
Total global CLO issuance in the first six months of 2024
130bps
Benchmark for new European CLO triple A spreads
135bps
Benchmark for new US BSL CLO triple A spreads
95%
Proportion of credit funds with a positive return in May
THEY SAID IT
CLO managers are encouraged to disclose to investors… the rationale for trading in CCC/Caa-rated loans
The IOSCO report, Leveraged Loans and CLOs: Good Practices for Consideration, makes a number of pointed suggestions about the inadequacies of the global loan business. CLOs get off lightly with a focus on conflicts of interest and disclosures.