A recently published article in Opalesque featured Sancus Capital’s Olga Chernova: “The modified auction process is open to the broader market and can lead to better refinancing rates.”
June 17, 2019
CLOs: Adding Optionality in a Challenged Environment
James Vogl, KopenTech’s head of product development, explains how Applicable Margin Reset can help in an era of a dwindling CLO arbitrage. AMR is a streamlined method of CLO refinancing in the secondary market through the use of an auction process. It takes 1/3 the time of a traditional refinance and costs 75% less.
Anthony Schexnayder, KopenTech’s Head of Business Development will be the featured speaker at Creditflux West on June 20, in Santa Monica, CA. See the following press release for the details.
April 16, 2019
Creditflux to bring CLO conference to California
KopenTech is a featured speaker and panelist at the upcoming Creditflux West conference!
March 19, 2019
BNP prices 3 yr Mountain View CLO XIV AMR for Seix
We are excited to announce that today BNP Paribas priced the $404.66 million Mountain View CLO XIV AMR for Seix Investment Advisors. This is the second new issue to utilize the Applicable Margin Reset feature.
December 18, 2017
Seix uses AMR to take new route to Mountain View CLO
MUFG has priced another CLO featuring the applicable margin reset mechanism (AMR).
December 15, 2017
MUFG prices Mountain View CLO 2017-2 featuring AMR for Seix
MUFG Securities Americas today priced a $406.4 million CLO for Seix Investment Adivsors LLC, according to market sources.
October 17, 2017
KCAP Financial: subsidiary refinances CLO with new funding mechanism
KCAP Financial (KCAP) announced that its wholly owned asset management Trimaran Advisors LLC had restructured and "upsized" a CLO.