Structured Credit

Price Talk Emerges on Schaeffler Loans, Bonds

The German auto parts maker is seeking euro 1 billion of loans and euro 2 billion of bonds as part of a broader refinancing; approximately two thirds will be denominated in dollars...

Barclays Seeks Control of ACA CLO

The bank, which holds the CLO's entire triple-A tranche and some equity, has offered to purchase the mezzanine tranches and remaining equity as well...

BofA Raises $388M CLO for Symphony

The deal includes a $240 million tranche with a Libor plus 155 bps coupon that is rated AAA by Standard & Poor's...

Ares CLO Sees Initial Pricing

The Ares XXIII CLO includes a $26 million double-A tranche priced at Libor plus 300-325 bps; a $40 million single-A tranche priced...

Golub to Launch $250M Middle-Market CLO

The transaction, Golub Capital Partners CLO 12, is the firm’s second CLO in the space of four months...

CVC Buys Resource America's CLO Unit

With an eye on the U.S., the European buyout firm will combine its debt arm with Resource's Apidos Capital...

Apollo to Buy Stone Tower Capital

The deal, Apollo's second acquistion of a CLO manager this year, will boost its asset under management by $17 billion to $82 billion...

Gleacher Adds Fixed Income MD

Brian Waltman, who previously worked at MF Global, will work with his new firm's trading operations...

Natixis Arranges $660M CLO

The balance sheet transaction, the first by the French bank, includes a $419 million triple-A tranche and a $241 million unrated equity tranche...

JPMorgan Prices $305M Prudential CLO

Dryden XXII is Prudential's first U.S. CLO since August 2008...

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