Not exact matches
In this edition of Capital Markets View, Chris Porter, Head of
Loan, Recovery & CLO Business Development and Taron Wade, Director at LCD, part of S&P Global Market Intelligence discuss: New issuance and the increase in M&A plus fresh LBOs; The uptick in loan pricing and the rise in the size of Term Loan Bs; CLO pricing and the arbitr
Loan, Recovery & CLO Business Development and Taron Wade, Director at LCD, part of S&P Global Market Intelligence discuss:
New issuance and the increase in M&A plus fresh LBOs; The uptick in
loan pricing and the rise in the size of Term Loan Bs; CLO pricing and the arbitr
loan pricing and the rise in the size of Term
Loan Bs; CLO pricing and the arbitr
Loan Bs; CLO pricing and the arbitrage.
The other is a quiet period in
new credit
issuance, whether leveraged
loans or bonds, which persisted through the winter.
Moreover, other markets such as the primary
issuance market for collateralised
loan obligations virtually closed as investors shunned
new issues, forcing banks to expand their own balance sheets and retain the
loans they had originated but had been intending to package and sell to investors.
This sharp drop in
new loan volumes is translating into an equal drop in
issuance of agency mortgage securities.
New issuances have expanded the overall size of the market, while retail investors continue to be net sellers of
loans on the year.
New issuance of corporate
loans has been more poorly underwritten.
When companies have to continually fund some / all of their dividend payments from existing shareholder capital,
loans &
new stock
issuance, rather than cash earnings, how would you describe it?!]
Now, ConsenSys and BlockApps will provide Synechron with specialized development tools, such as ConsenSys's Ethereum blockchain development tools and BlockApps» Ethereum blockchain infrastructure STRATO, which could enable
new accelerators for total return swaps, call spreads, syndicated
loans, bond
issuance, tokenized securities and tokenized fiat currencies.
Lenders issued $ 94 billion in
new loans last year and the expectation is that 2015
issuance will top $ 100 billion.
The PPIP may also stimulate
new CMBS
issuance if increasing prices for the AAA securities narrow the overall costs to originate
new loans.
However, the surge of
new issuance in the second half of 2017 helped increase the number of performing
loans substantially.