KopenTech in the Press
LPC: CLO market experiments with built-in AMR repricing
Managers are considering embedding a new repricing feature in US Collateralized Loan Obligation funds that would protect firms from regulation that requires them to hold 5% of their funds and save money on full refinancings.
MUFG maps out new refi options for CLOs with pricing of Atlas AMR deal
CLO managers are lining up to implement applicable margin reset (AMR) language into their deals after Crescent Capital’s Atlas Senior Secured Loan Fund VIII was the first CLO to incorporate this feature.
Atlas CLO debuts AMR feature
Crescent Capital Group last week priced its latest broadly syndicated CLO. The US$413.7m Atlas Senior Secured Loan Fund VIII debuts an applicable margin reset (AMR) feature.
Global CLO roundup: Crescent prices CLO with applicable margin reset
Crescent Capital Group priced the first CLO giving equity holders the option to reprice liabilities lower after the non-call period.
MUFG and Crescent bring automated refi mechanism to CLO market
Mitsubishi UFJ Securities priced a first-of-its-kind US CLO late on Friday with the bank embedding the much talked about applicable margin reset (AMR) option into a deal managed by Crescent Capital.
Crescent and Sancus team up to launch first ever ‘applicable margin reset’ CLO
Crescent Capital and Sancus Capital team up to launch AMR for new CLO.
Crescent prices Atlas VIII CLO via MUFG feat AMR
MUFG Securities Americas today priced a $413.7 million CLO managed by Crescent Capital Group LP, according to market sources. This is the manager's first new issue of the year.
Credit fund Sancus focuses on arbitraging inefficiencies
Olga Chernova, is founder and CIO of Sancus Capital, a long short credit manager and one of the leading female figures in the credit space.